Consulting firm Beacon Partners has published a brief report analyzing proposed meaningful use requirements and laying out a roadmap to organizational readiness.
The Medicare/Medicaid incentives and timeline for compliance may not work for many health care organizations, according to the Weymouth, Mass.-based firm.
"The costs to purchase and implement the technologies will outweigh the potential incentives, but that should not deter an organization from continuing toward meaningful use," report authors content. "Organizations may determine that they cannot meet the 2011 deadline and focus their strategy on doing it right the first time regardless of the federal timeline. The incentives present a one-time chance for facilities to recoup infrastructure investments in I.T. and quality reporting and must be seriously considered before penalties are applied in outer years."
For a copy of "Beacon Partners Meaningful Use Analysis and Recommendations Report," click here.
Register or login for access to this item and much more
All Health Data Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access