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1.
Healthc Financ Manage ; 67(5): 86-91, 2013 May.
Article in English | MEDLINE | ID: mdl-23678695

ABSTRACT

The meaningful use incentives under HITECH may be inadequate to address the financial challenges many hospitals face in implementing electronic health records (EHRs). Hospitals can fill the capital gap between EHR costs and available funds by exploring other potential funding sources. These sources include additional grants, funding permissible under EHR regulations, vendor financing, and tax benefits under IRS Section 179.


Subject(s)
American Recovery and Reinvestment Act , Capital Financing/methods , Diffusion of Innovation , Electronic Health Records/economics , Electronic Health Records/legislation & jurisprudence , Financing, Government , Reimbursement, Incentive/legislation & jurisprudence , United States
2.
Health Care Manag (Frederick) ; 32(1): 43-8, 2013.
Article in English | MEDLINE | ID: mdl-23364416

ABSTRACT

Health care organizations need to adopt an electronic health record (EHR) system for compliance with the Health Information Technology for Economic and Clinical Health Act. How to budget the EHR implementation is a challenging issue to the chief financial officers in health care organizations. This article uses a mock hospital to illustrate how to prepare an EHR implementation budget step by step in a hospital setting. After the project budget baseline is set, the budgeting steps are as follows: (1) estimating the cost for each project element, (2) aggregating all costs, and (3) revising budget to meet the budget baseline. Several budgeting techniques are discussed, including analogue, parametric, and unit cost based on effort. The budgeting methodology can also be applied to a physician/clinic EHR implementation budget.


Subject(s)
Budgets/methods , Diffusion of Innovation , Electronic Health Records/economics , Problem Solving , Capital Financing , Hospitals , United States
4.
Article in English | MEDLINE | ID: mdl-22737099

ABSTRACT

Long-term care (LTC) is an important sector in the healthcare industry; however, the adoption of electronic health record (EHR) systems in LTC facilities lags behind that in other sectors of healthcare. This study examines the adoption and utilization of EHRs in LTC facilities in Texas and identifies the barriers preventing implementation of EHRs. A survey instrument was mailed to all Texas LTC facilities between October 2010 and March 2011. The survey found that in Texas, 39.5 percent of LTC facilities have fully or partially implemented EHR systems and 15 percent of LTC facilities have no plans to adopt EHRs yet. There is significant variation in the use of EHR functionalities across the LTC facilities in Texas. In the LTC facilities, the administrative functions of EHRs have been more widely adopted and are more widely utilized than the clinical functions of EHRs. Among the clinical functions adopted, the resident assessment, physician orders, care management plan, and census management are the leading functions used by the LTC facilities in Texas. Lack of capital resources is still the greatest barrier to EHR adoption and implementation. Policy makers, vendors, LTC administrators, educators, and researchers should make more effort to improve EHR adoption in LTC facilities.


Subject(s)
Diffusion of Innovation , Electronic Health Records/statistics & numerical data , Residential Facilities , Cross-Sectional Studies , Humans , Texas
5.
J AHIMA ; 81(8): 32-6; quiz 38, 2010 Aug.
Article in English | MEDLINE | ID: mdl-20795528

ABSTRACT

Even with federal incentive payments, providers will be hesitant to adopt EHRs without understanding the return on investment. A cost-benefit analysis helps determine EHR profitability over time.


Subject(s)
Diffusion of Innovation , Electronic Health Records/economics , Cost-Benefit Analysis , Education, Continuing , Electronic Health Records/statistics & numerical data , Reimbursement, Incentive , United States
6.
Health Care Manag (Frederick) ; 28(1): 71-4, 2009.
Article in English | MEDLINE | ID: mdl-19225339

ABSTRACT

It is necessary to recognize the importance of gaining consumers' trust in how their health information is accessed and used. With the increased use of technology for creating, maintaining, and transmitting health information and the inherent distrust of these kinds of systems, consumer support for advantageous technology is lacking. This article addresses numerous protective measures that are in place and the role of healthcare professionals in building trust with healthcare consumers.


Subject(s)
Confidentiality , Medical Records Systems, Computerized , Trust , Computer Security , Health Insurance Portability and Accountability Act , United States
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