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The Opportunity in the Soon-to-be Electronic Medical Records Pain Point

Joining me this week on PowerTalk is Lauren Fifield, senior health policy advisor at Practice Fusion. Practice Fusion is one of the fastest-growing electronic health record communities in the United States. Founded in 2005, the company has 150,000 physicians and practice users using Practice Fusionâ??s EHR across all 50 states. At Practice Fusion, Lauren manages government relationships and monitors an ever-changing landscape of legislation, regulation and health industry antics.

Many citizens and business owners are concerned about the increasing costs associated with the Affordable Care Act — better known as Obamacare. A study from the nonpartisan Society of Actuaries estimates that because of higher-risk pools, nationwide insurance costs will rise 32% on average within three years. Even Health and Human Services Secretary Kathleen Sebelius told reporters that, â??Some people purchasing new insurance policies for themselves this fall could see premiums rise because of requirements in the health-care law.â?ť

In talking with Lauren, it became clear that there is another shift in Obamacare worth noting. More specifically, the carrot that was a part of the High Tech Act passed in 2009 that incentivizes doctors to move to electronic medial records (EMR) becomes a stick at the end of 2014. And by stick, I mean that doctors will be seeing their Medicare and Medicaid payments penalized until such EMR systems are enacted.

To listen to this week’s PowerTalk, click here.

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Chris Versace is a financial columnist and equity analyst with more than 18 years of experience in the investment industry. He has been ranked an All Star Analyst by Zacks Investment Research and his efforts in analyzing industries, companies and equity securities have been recognized by both Institutional Investor and Thomson Reutersâ?? StarMine Monitor. Heâ??s frequently published in The Washington Times and is a frequent contributor to the daily radio show â??Americaâ??s Morning Newsâ?ť and â??Americaâ??s Radio Newsâ?ť. He has been quoted in the Wall Street Journal, Investorâ??s Business Daily, The Street, USA Today and other publications. In addition, he can be frequently seen on televisionâ??s â??Fox Businessâ?ť show.

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archive

The Opportunity in the Soon-to-be Electronic Medical Records Pain Point

Joining me this week on PowerTalk is Lauren Fifield, senior health policy advisor at Practice Fusion. Practice Fusion is one of the fastest-growing electronic health record communities in the United States. Founded in 2005, the company has 150,000 physicians and practice users using Practice Fusion’s EHR across all 50 states. At Practice Fusion, Lauren manages government relationships and monitors an ever-changing landscape of legislation, regulation and health industry antics.

Many citizens and business owners are concerned about the increasing costs associated with the Affordable Care Act — better known as Obamacare. A study from the nonpartisan Society of Actuaries estimates that because of higher-risk pools, nationwide insurance costs will rise 32% on average within three years. Even Health and Human Services Secretary Kathleen Sebelius told reporters that, “Some people purchasing new insurance policies for themselves this fall could see premiums rise because of requirements in the health-care law.”

In talking with Lauren, it became clear that there is another shift in Obamacare worth noting. More specifically, the carrot that was a part of the High Tech Act passed in 2009 that incentivizes doctors to move to electronic medial records (EMR) becomes a stick at the end of 2014. And by stick, I mean that doctors will be seeing their Medicare and Medicaid payments penalized until such EMR systems are enacted.

To listen to this week’s PowerTalk, click here.

Newsletter Signup.

Sign up to the Human Events newsletter

TRENDING NOW:

YouTube Won’t Let You Watch Lauren Southern’s ‘Borderless’

FOREIGN AFFAIRS

DONKTUM: Restricting the Range of Consciousness.

CULTURE

Lauren Southern’s Borderless Deleted By YouTube. ENOUGH.

U.S. POLITICS

Farage: ‘No No to BoJo’.

FOREIGN AFFAIRS

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