The Centers for Medicare & Medicaid Services (CMS) projects that approximately $18 billion will be paid in incentive payments nationwide from 2011-2012 through the Recovery Act’s Medicare and Medicaid Electronic Health Records (EHR) Incentive Programs. Healthcare professionals and hospitals who adopt and use certified EHR technology will be eligible to receive these funds.
The Office of National Coordinator for Health IT has set up Regional Extension Centers across the country to help providers choose and adopt the certified EHR best suited for their practices. These Regional Extension Centers have also received Recovery Act awards.
Read the full story about the effects of the EHR incentive funds on a small business in Arkansas by visiting the Health and Human Services website. You can also view the list of certified EHR products and their vendors and developers here.
University programs across the U.S. have received $32 million through the Health Information Technology for Economic and Clinical Health (HITECH) Act — part of the American Recovery and Reinvestment Act– to develop specific IT capabilities for health-care professionals. HITECH funding is supporting training programs at 82 community colleges, curriculum development for use in community colleges and other higher education institutions, and the development of competency examinations. Totaling $118 million, this funding is intended to supply health-care providers with highly skilled experts needed for the adoption and meaningful use of electronic health records.
Over the next 3 years approximately 1,700 graduate-level students will receive tuition assistance for nine university programs nationwide. To date, about 650 students have enrolled and more than 400 will graduate between May and August 2011.
Visit the Health and Human Services website to find out more about HITECH Act funding and read the stories of professionals who have received assistance.
Registration began this Monday, January 3rd, for the Department of Health and Human Services’ E-Health Records Incentive Program, funded by the Recovery Act.
Under the program eligible professionals, hospitals, and critical access hospitals who adopt, implement, upgrade or demonstrate meaningful use of certified EHR technology can receive Medicaid incentive payments of up to $63,750 over six years, and Medicare incentive payments of as much as $44,000 over five years.
To find out more about the E-Health Records Incentive Program visit the Centers for Medicare and Medicaid Services website to find important dates and details about the program.