4. Medicare Incentives Source: Title IV Subtitle A of the American Recovery and Reinvestment Act of 2009 Incentive 2011 2012 2013 2014 2015+ 2011 $18,000 2012 $12,000 $18,000 2013 $8,000 $12,000 $15,000 2014 $4,000 $8,000 $12,000 $12,000 2015 $2,000 $4,000 $8,000 $8,000 $0 2016 0 $2,000 $4,000 $4,000 $0 2017 0 0 0 $0 $0 Total Incentives $44,000 $44,000 $39,000 $24,000 $0
5. Medicare Incentives Source: Title IV Subtitle A of the American Recovery and Reinvestment Act of 2009 Incentive 2011 2012 Repeated thru 2017 2011 $21,250 - - 2012 $8,500 $21,250 - 2013 $8,500 $8,500 $21,250 2014 $8,500 $8,500 $8,500 years 2-6 2015 $8,500 $8,500 2016 $8,500 $8,500 2017 - $8,500 Total Incentives $63,750 $63,750 $63,750
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7. Handwriting Pros Cons Quick Hard to Read Captures Information in Workflow Not Structured Control of when you record notes Difficult to Manage and Record Traceability
8. Transcription Pros Cons Can Record in workflow Expensive in most cases Skilled Professionals Inconsistent Turnaround Times Favored by Physicians Requires interpretation and can have accuracy problems
9. EMR Documentation Pros Cons Coded clinical data available Manual process Immediate entry into patient record Documentation of narrative Practice uniformity Inflexible with low adoption
10. Speech Recognition Pros Additional Benefits Reduced Documentation Costs Unlimited Access for a low flat rate Immediate Turn-around Can also have back-end editing and processes Less Time to Process Records Immediate Voice and Text Notes