Today, Ophthalmic Imaging Systems (OIS) commented on a portion of the American Recovery and Reinvestment Act of 2009 (popularly known as the stimulus package) that pertains to healthcare IT. It has been estimated that more than $20 billion will be spent on financial incentives for doctors who become meaningful users of a certified EHR solution by 2015. Those who implement a solution and become meaningful users between 2010 and 2012 will be eligible for $44,000 in incentive payments.
We believe the portion of the Stimulus Package that offers incentives to users for utilizing a certified EHR solution has tremendous potential to rapidly increase the user base of EHR solutions and improve the quality of care and efficiency of our healthcare system. While many medical professionals recognize the advantages that EHR solutions offer their businesses and patients, the market's adoption of these solutions has been slow, stated Gil Allon, CEO of Ophthalmic Imaging Systems.
We are pleased that the Stimulus Package requires professionals to be meaningful users of an EHR solution within the next five years and that the solutions must be certified,” he added. “We believe that these requirements will ensure that our health system will receive the biggest gains in efficiency through guaranteed interoperability and system use.
Mr. Allon continued, The timing of this stimulus package is especially fortunate for OIS and Abraxas Medical Solutions, as we offer our CCHIT CertifiedÂ® 2006 Ambulatory EHR, (Abraxas EMR version 126.96.36.199), along with practice management solutions into five different medical specialties. While our solutions have been well received in the market thus far, we anticipate the Stimulus Package will create a significant increase in customer demand. With a relatively short window of opportunity to take advantage of these payments, we believe that the market will react to these deadlines by implementing solutions early, so physicians can be meaningful EHR users prior to the deadline.