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Wednesday, 03/09/2011 6:42:14 PM

Wednesday, March 09, 2011 6:42:14 PM

Post# of 44
From the US Health Care Industry Update 2011:

By the end of 2012, over 72 million baby boomers will begin their retirement and join Medicare. The increase in healthcare expenditures is guaranteed and baby boomers who have been transforming the US geographically, culturally, economically and even politically since 1946 are about to hit the most inefficient industry in the US head on. The additional news is that the federal government has begun to accept applications for registration of EHR systems.
This is a long and documentation-intensive process. Few EHR systems have been approved, and very few providers have the systems in place to make it all work today. According to current rules, to qualify for reimbursement in 2011, all EHR systems must be in place for certification no later than September 30, 2011. We believe that as reported in the Palm Beach Post (“Government is nudging doctors and hospitals to make healthcare digital“), providers are only now beginning to do the research and get on “with the program.”

- Noel J. Guillama
Chairman & Chief Executive Officer
The Quantum Group, Inc.

http://www.quantummd.com/releases/qb/QBluePaperUSHCIndustryfinal011911.pdf

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