AMA News
By Chris Silva, AMNews staff
March 16, 2009
Physicians Can Earn Tens of Thousands in IT Incentives, But They Must Act Quickly to Achieve the Biggest Benefit and Avoid Penalties.
Washington – The recent economic stimulus package provides a significant investment in health information technology that could benefit many physicians. But the government is expecting doctors to do their part to implement health IT and is prepared to penalize those who don’t.
Over the next decade, the federal government is projected to spend more than $35 billion on Medicare and Medicaid bonuses to physicians, hospitals and others that adopt certified electronic health records. Because of the Medicare penalties that eventually will apply to nonadopters, however, the net spending level will be only about $20 billion over 10 years.
Tags: ARRA, HealthLINC, HIE, HIT
