Electronic Health Records system is called Practice Fusion
Electronic Health Records (EHR) are one
of the vital components to overhauling the nation's health care
network. The U.S. government feels that EHR will help reduce the cost
of medical care by allowing doctors, labs, and hospitals to share
data faster and easier than they can currently.
Part of the
economic stimulus plan has funds that are set aside to reimburse
medical care facilities and doctors for money spent moving to an EHR
platform. EHR provider Practice Fusion has announced that its EHR
system will be made available free of charge to physicians in a
partnership with BioReference Laboratories.
BioReference will
feed its lab data into the Practice Fusion EHR system and recommend
the product to its network of 15,000 doctors. BioReference is the
nation's third largest full-service medical testing lab behind Qwest
and LabCorp. The two larger labs also integrate their data into the
Practice Fusion system.
"With this deal, we've gained
another 15,000 physicians," says the EHR vendor's CEO Ryan
Howard. That statement is a bit inflated considering that the 15,000
physicians have to choose to use the Practice Fusion system. The
Practice Fusion system is a cloud-based offering that is trying to
attract doctors that currently use paper billing.
The labs are
keen on EHR because it saves them time and money. With EHR platforms,
they only need to update one record rather than individual doctors'
offices. BioReference marketing VP Amar Kamath said, "we only
have to integrate the data once, not for every doctor's office."
Dell also recently announced a new EHR
offering that it was offering to physicians that is a complete
turnkey package physicians and facilities must purchase and share
data with a provider or a local hospital. The government is enticing
physicians to move to EHR systems by promising bonus payments for
those who migrate.
"Spreading the rumors, it's very easy because the people who write about Apple want that story, and you can claim its credible because you spoke to someone at Apple." -- Investment guru Jim Cramer
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