{"id":11351,"date":"2010-03-10T03:36:34","date_gmt":"2010-03-10T03:36:34","guid":{"rendered":"http:\/\/euvolution.com\/futurist-transhuman-news-blog\/practice-fusion-do-the-math-44000-is-a-lie\/"},"modified":"2010-03-10T03:36:34","modified_gmt":"2010-03-10T03:36:34","slug":"practice-fusion-do-the-math-44000-is-a-lie","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/human-genetics\/practice-fusion-do-the-math-44000-is-a-lie.php","title":{"rendered":"Practice Fusion: Do the math: $44,000 is a LIE"},"content":{"rendered":"<p><a href=\"http:\/\/practicefusion.com\/\">Practice Fusion<\/a>:<\/p><blockquote><p>You get $44,000 for using an EHR,<\/p><p>Practice Fusion is entirely free.<\/p><p><a href=\"http:\/\/www.thinkgene.com\/wp-content\/uploads\/2010\/03\/do-the-math.png\/\">Do the math<\/a>.<\/p><\/blockquote><p>Ok.<\/p><p><strong>Lie<\/strong>:&nbsp;You get $44,000 for using an EHR<\/p><p><strong>Fact<\/strong>: &nbsp;[ARRA &sect; 4101]&nbsp;If an &ldquo;eligible professional&rdquo; is a yet-undefined &ldquo;meaningful EHR user,&rdquo; they could quality for&nbsp;Medicare and Medicaid &ldquo;incentives&rdquo; of &ldquo;an amount equal to 75 percent of the allowed charges under this part for all such covered professional services furnished by the eligible professional during such year&rdquo; from the to-be-established &ldquo;Federal Supplementary Medical Insurance Trust Fund&rdquo; not exceeding:<\/p><ul><li>2011: $15,000<\/li><li>2012: $12,000<\/li><li>2013: &nbsp;$8,000<\/li><li>2014: $4,000<\/li><li>2015: $2,000<\/li><li>2016: $0<\/li><\/ul><p>Then, Medicare and Medicaid&nbsp;will penalize you up to <strong>5%<\/strong><strong> <\/strong>by the end of the decade from their rates which are already the lowest in the industry &mdash;unless you can prove to them why they shouldn&rsquo;t. You probably won&rsquo;t.<\/p><p><strong>Commentary<\/strong>:<\/p><p>There is no $44,000.<\/p><p>Maybe you can apply for a few extra thousand dollars in medicare disbursements over several years if you are particularly&nbsp;sophisticated&nbsp;and already participate in Medicare or Medicaid.<\/p><p>Most practices will lose significant gross revenue from HITECH&nbsp;penalties&nbsp;by default.<\/p><p>Anybody who says otherwise is trying to <a href=\"http:\/\/www.thinkgene.com\/wp-content\/uploads\/2010\/03\/leskok091609w_rgbb.jpg\">sell you something dubious<\/a> &mdash;probably more consulting to buy more consulting about how to save money through hiring consultants.<\/p><p>If $15,000 in 2011 is enough to matter to your practice, you are either a clueless medical student or about to go out of business.<\/p><div><a href=\"http:\/\/feeds.feedburner.com\/~ff\/ThinkGene?a=UswwBJuZdMI:MnsreMcni_g:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/euvolution.com\/futurist-transhuman-news-blog\/wp-content\/plugins\/wp-o-matic\/cache\/e49e1_ThinkGene?d=yIl2AUoC8zA\" border=\"0\" style=\"padding-left:10px; padding-right: 10px;\"><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/ThinkGene?a=UswwBJuZdMI:MnsreMcni_g:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/euvolution.com\/futurist-transhuman-news-blog\/wp-content\/plugins\/wp-o-matic\/cache\/e49e1_ThinkGene?i=UswwBJuZdMI:MnsreMcni_g:gIN9vFwOqvQ\" border=\"0\" style=\"padding-left:10px; padding-right: 10px;\"><\/a><\/div><p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/euvolution.com\/futurist-transhuman-news-blog\/wp-content\/plugins\/wp-o-matic\/cache\/e49e1_UswwBJuZdMI\" height=\"1\" width=\"1\" style=\"padding-left:10px; padding-right: 10px;\"><\/p>","protected":false},"excerpt":{"rendered":"<p>Practice Fusion:You get $44,000 for using an EHR,Practice Fusion is entirely free.Do the math.Ok.Lie:&nbsp;You get $44,000 for using an EHRFact: &nbsp;[ARRA &sect; 4101]&nbsp;If an &ldquo;eligible professional&rdquo; is a yet-undefined &ldquo;meaningful EHR user,&rdquo; they could quality for&nbsp;Medicare and Medicaid &ldquo;incentives&rdquo; of &hellip; <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/human-genetics\/practice-fusion-do-the-math-44000-is-a-lie.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-11351","post","type-post","status-publish","format-standard","hentry","category-human-genetics"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/11351"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=11351"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/11351\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=11351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=11351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=11351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}