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Welcome. Medi-EMR’s Platform is an enterprise- class EMR solution that includes application hosting and Health Information Exchange management, a requirement.

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Presentation on theme: "Welcome. Medi-EMR’s Platform is an enterprise- class EMR solution that includes application hosting and Health Information Exchange management, a requirement."— Presentation transcript:

1 Welcome

2 Medi-EMR’s Platform is an enterprise- class EMR solution that includes application hosting and Health Information Exchange management, a requirement of the American Recovery and Reinvestment Act Funding legislation. Medi-EMR’s Platform is an enterprise- class EMR solution that includes application hosting and Health Information Exchange management, a requirement of the American Recovery and Reinvestment Act Funding legislation. For physician practices, Medi’s answer provides a one-stop shop for EMR technology and services, eliminating traditional barriers and simplifying deployment and management of EMR systems. For physician practices, Medi’s answer provides a one-stop shop for EMR technology and services, eliminating traditional barriers and simplifying deployment and management of EMR systems.

3 Medi-EMR is an Application Service Provider (ASP Model) or web based Medi-EMR is an Application Service Provider (ASP Model) or web based Only about 10-15% of all EMR’s are currently web based, and it is the most recommended type of system Only about 10-15% of all EMR’s are currently web based, and it is the most recommended type of system Accessible from anywhere Accessible from anywhere No onsite servers needed No onsite servers needed No onsite backups No onsite backups Real-time software updates Real-time software updates

4 Medi-EMR runs on Linux Servers More stable than windows platform More stable than windows platform Less susceptible to hackers Less susceptible to hackers Better performance Better performance Open source Open source

5 Medi-EMR is built on an Oracle Database Like Building a house, an EMR is only as stable as the foundation it’s built upon. Like Building a house, an EMR is only as stable as the foundation it’s built upon. Oracle has been proven to be a secure and stable database in large applications such as e-commerce, banking, credit card and research Oracle has been proven to be a secure and stable database in large applications such as e-commerce, banking, credit card and research

6 Medi-EMR systems are mirrored and backed up Medi-EMR systems are mirrored and backed up Data in 2 locations NJ and Texas Data in 2 locations NJ and Texas Data Backup as well Data Backup as well Data dump available at a fee Data dump available at a fee

7 Healthcare IT fast facts: $18 Billion in stimulus made available for EMR adoption under the HITECH Act (ARRA) $18 Billion in stimulus made available for EMR adoption under the HITECH Act (ARRA) There are approximately 1,300,000 physicians in the US and over 10,000 hospitals There are approximately 1,300,000 physicians in the US and over 10,000 hospitals Currently less that 15% of physicians and 15% of hospitals have functioning EMR systems in-line with the administrations objectives- Projections are for a 85% adoption rate by physicians and 55% adoption rate for hospitals by 2014 Currently less that 15% of physicians and 15% of hospitals have functioning EMR systems in-line with the administrations objectives- Projections are for a 85% adoption rate by physicians and 55% adoption rate for hospitals by 2014 The government will pay on average $48,000 per physician and $5 Million per hospital to switch to an EMR system and demonstrate “Meaningful use” The government will pay on average $48,000 per physician and $5 Million per hospital to switch to an EMR system and demonstrate “Meaningful use”

8 In 2015, no EMR system will result in a 5% penalty for Physicians and 3% penalty for hospitals for all Medicaid/Medicare claims In 2015, no EMR system will result in a 5% penalty for Physicians and 3% penalty for hospitals for all Medicaid/Medicare claims Healthcare is 18% of GDP currently and expected to rise to 30% of GDP by 2030 Healthcare is 18% of GDP currently and expected to rise to 30% of GDP by 2030 Healthcare IT spending is just 5% of all IT Spending and the Administration has pledged $10 Billion a year for the next 4 years Healthcare IT spending is just 5% of all IT Spending and the Administration has pledged $10 Billion a year for the next 4 years Healthcare providers may save 5-10 % on malpractice costs for using an EMR Healthcare providers may save 5-10 % on malpractice costs for using an EMR Providers are eligible for a 2 ½% bonus payment for E- prescribing plus and an additional 2 ½ % bonus for PQRI Reporting with an EMR Providers are eligible for a 2 ½% bonus payment for E- prescribing plus and an additional 2 ½ % bonus for PQRI Reporting with an EMR

9 Challenges Of Conversion To Electronic Health Records Top Barriers To Adoption

10 Affordability A New England Journal of Medicine study showed that 66% of physicians that do not currently have an EMR stated that cost was a barrier” 1. A New England Journal of Medicine study showed that 66% of physicians that do not currently have an EMR stated that cost was a barrier” 1.

11 Affordable: Medi-EMR reduces upfront expenses maximizing cash flow with financing options related to ARRA and internal or external billing options. Medi- EMR is designed to minimize up-front costs and out –of –pocket expenses and maximize cash flow for doctors and hospitals. Our pricing model is recognized as the most competitive in its entirety in the industry. Affordable: Medi-EMR reduces upfront expenses maximizing cash flow with financing options related to ARRA and internal or external billing options. Medi- EMR is designed to minimize up-front costs and out –of –pocket expenses and maximize cash flow for doctors and hospitals. Our pricing model is recognized as the most competitive in its entirety in the industry.

12 Billing EMR provided at no cost to practice with full billing service Medical Billing Service cost to practice = 6.5% Medical Billing Service cost to practice = 6.5% For a average doctor collecting $50,000 monthly: Medical Billing Service cost to practice = $3250 Medical Billing Service cost to practice = $3250 TOTAL EMR COST TO PRACTICE = $0

13 Fear Of Future Costs In a NEJM study “44 percent of respondents cited concerns that a purchased system would become obsolete” 3 In a NEJM study “44 percent of respondents cited concerns that a purchased system would become obsolete” 3 Answer: Medi-EMR is a true ASP model. This allows for system updates and enhancements to happen on an ongoing basis. There is no disruption or downtime due to software upgrades. Unlike many competitors Medi-EMR does not charge for maintenance or upgrades. Medi-EMR is a true ASP model. This allows for system updates and enhancements to happen on an ongoing basis. There is no disruption or downtime due to software upgrades. Unlike many competitors Medi-EMR does not charge for maintenance or upgrades.

14 Loss Of Productivity A NEJM study finds that the inability to match a system to the physicians' needs (54 percent) 3 was cited as a main barrier to adoption. A NEJM study finds that the inability to match a system to the physicians' needs (54 percent) 3 was cited as a main barrier to adoption.

15 Feature: customization/ configuration Med-EMR is an easy to use system configured for each individual office and for each user within an office based on workflow, job function and HIPAA compliance.

16 Feature: Customized Physician Data Entry More flexibility, built for future growth. Provider may enter data via: Voice to Text Voice to Text Laptop, Desktop, Tablet Laptop, Desktop, Tablet Handwriting recognition Handwriting recognition Dictation/Transcription Dictation/Transcription Scantron forms Scantron forms Custom Templates Custom Templates

17 Interoperability Medi-EMR can exchange uni-directional or bi-directional data Medi-EMR can exchange uni-directional or bi-directional data Medi-EMR can transfer patient records between practices. Medi-EMR can transfer patient records between practices. Medi-EMR’s built in exchange system gives the system the ability to exchange data with multiple EMRs, PACS systems, Devices, RHIO’s, Labs, Payers, and state immunization databases. Medi-EMR’s built in exchange system gives the system the ability to exchange data with multiple EMRs, PACS systems, Devices, RHIO’s, Labs, Payers, and state immunization databases.

18 Integrated PMS/EMR Many practices are replacing their existing legacy billing software with a fully integrated PMS/EMR package. Many practices are replacing their existing legacy billing software with a fully integrated PMS/EMR package. Solution: Medi-EMR is Emdeon Certified. Medi-EMR is Emdeon Certified. Medi-EMR has a fully functional PMS system. Medi-EMR has a fully functional PMS system. Data flows easily between clinical and administrative from scheduling thru to billing. Data flows easily between clinical and administrative from scheduling thru to billing.

19 Thank You


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