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New Maryland law requires private insurers to provide financial incentives to physicians. ONC to provide personal health record education or ‘PHR’ education. Health Information Technology for Economic and Clinical Health (HITECH) Act creates jobs

Category: EHR Matters
Date: June 5, 2009
Views:4,757 views

If you’re looking to adopt an EMR/EHR (electronic medical record/ electronic health record), maybe it’s time to consider moving to Maryland. In an exciting move for the EMR/EHR (electronic medical record/ electronic health record) industry, Governor Martin O’Malley has signed a law requiring private insurers to provide financial incentives to physicians. So, in addition to the $44,000 available from the Federal Government, Maryland physicians will now be eligible to receive additional compensation from private insurers in the state. This financial incentive is being enacted in conjunction with at least 2 separate Health Information Exchanges in the state.

Next, The Office of the National Coordinator anticipates the development of an online project which will educate consumers about the Personal Health Record industry (PHR). Understanding that there is significant confusion surrounding the entire PHR (personal health record) industry, the ONC expects that their online presence will assist with educating consumers of health care services on the subject, allowing them to differentiate between different PHR models, and helping them select the proper one for themselves. Read Article Here. And, finally, in a clear sign that Wall Street understands the value of the HITECH act, gloStream, has raised Seven and a Half Million Dollars to further develop and deploy its CCHIT® Certified EMR/EHR (electronic medical record/ electronic health record). Mike Sappington, Chief Executive Officer expects to double his current staff of 75 in order to take advantage of the billions of dollars available through the HITECH Act.

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