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GET READY! Standards for Electronic Transactions- New Versions, New Standard and New Code Set - 5010 and ICD-10 Final Rules

On January 16, 2009, HHS published two final rules to adopt updated HIPAA standards; these rules are available at the Federal Register.

In one rule, HHS is adopting X12 Version 5010 and NCPDP Version D.0 for HIPAA transactions. In this rule, HHS also adopts a new standard for Medicaid subrogation for pharmacy claims, known as NCPDP Version 3.0. For Version 5010 and Version D.0, the compliance date for all covered entities is January 1, 2012. This gives the industry enough time to test the standards internally, to ensure that systems have been appropriately updated, and then to test between trading partners before the compliance date. The compliance date for the Medicaid subrogation standard is also January 1, 2012, except for small health plans, which will have until January 1, 2013 to come into compliance.

In a separate final rule, HHS modifies the standard medical data code sets for coding diagnoses and inpatient hospital procedures by concurrently adopting the International Classification of Diseases, 10th Revision, Clinical Modification (ICD-10-CM) for diagnosis coding and the International Classification of Diseases, 10th Revision, Procedural Coding System (ICD-10-PCS) for inpatient hospital procedure coding. These new codes replace the current International Classification , 9th Revision, Clinical Modification, Volumes 1 and 2 and the International Classification , 9th Revision, Clinical Modification, Volume 3 for diagnosis and procedure codes respectively. The implementation date for ICD-10-CM and ICD-10-PCS is October 1, 2013 for all covered entities.

Version 5010 accommodates the ICD-10 code sets, and has an earlier compliance date than ICD-10 in order to ensure adequate testing time for the industry. These two rules apply to all HIPAA covered entities, including health plans, health care clearinghouses, and certain health care providers.

Government mandated changes require upgrades to your billing software by January 1st 2012. Limited Time! Free Billing Module with the SMARTMD EHR system.

Don't wait, call: (855) SMARTMD.

Date: 10/12/2011

Come see SMARTMD at the North American Spine Society's Annual convention, November 2-5, 2011 in Chicago- Booth 137

Date: 04/01/2011

SMARTMD™ Corporation Receives ONC-ATCB Certification by Drummond Group

SMARTMD™ Corporation Receives ONC-ATCB Certification by Drummond Group

April 1, 2011 Fort Lauderdale , FL — SMARTMD™ Corporation announced today that Clinical Desktop version 4.1, the company's electronic health record (EHR) and practice management (PM) software, has received the federal government's “meaningful use” stamp of approval by earning Complete EHR Certification. The designation officially deems the electronic health record (EHR) software capable of enabling providers to qualify for funding under the American Recovery and Reinvestment Act (ARRA). Tested and certified under the Drummond Group's Electronic Health Records Office of the National Coordinator Authorized Testing and Certification Body (ONC-ATCB) program, the EHR software is 2011/2012 compliant in accordance with the criteria adopted by the Secretary of Health and Human Services.

“The certification validates that our software can help providers take part in the electronic revolution in the US healthcare industry. Healthcare providers can now leverage our software to not only make significant care improvements but to also achieve meaningful use and qualify for incentive funds under ARRA. We are proud to offer providers the opportunity to truly improve care in their communities,” says Nandip Kothari , President/CEO of SMARTMD .

Drummond Group's ONC-ATCB 2011/2012 certification program tests and certifies that EHRs meet the meaningful use criteria for either eligible provider or hospital technology. In turn, healthcare providers using the EHR systems of certified vendors are qualified to receive federal stimulus monies upon demonstrating meaningful use of the technology -- a key component of the federal government's push to improve clinical care delivery through the adoption and effective use of EHRs by U.S. healthcare providers.

“The need to leverage information technology in the healthcare industry is huge – as the quality of care and efficiency benefits that come with computerization can really make a difference in the overall patient experience. We're ready to help transform the industry by providing the sophisticated software testing services that ensure that vendors and hospitals are offering systems that are capable of meeting the meaningful use standards required to obtain incentive funds as well as the rich functionality required to move the clinical care needle forward,” says Rik Drummond, CEO of the Drummond Group.

This Complete EHR is 2011/2012 compliant and has been certified by Drummond Group, an ONC-ATCB approved to certify any complete or modular EHR both ambulatory and inpatient, in accordance with the applicable certification criteria adopted by the Secretary of Health and Human Services. This certification does not represent an endorsement by the U.S. Department of Health and Human Services or guarantee the receipt of incentive payments. SMARTMD™ Corporation, March 31 st , 2011, Clinician Desktop v4.1, Certification ID #03312011-2386-1, Clinical Quality Measures tested include NQF 0421, 0013, 0028, 0041, 0024, 20038, 0059, 0064, and 0061. Additional software used includes RelayHealth and Medline Plus.

About SMARTMD ™ Corporation
SMARTMD is a leading provider of clinical productivity applications and business services for the healthcare industry. Our products and services assist practices in streamlining operations, reducing expenses, and complying with industry regulations enabling physicians to dedicate more time to providing quality care for their patients. Founded as a transcription company in 1999, SMARTMD quickly expanded to provide medical billing services, including personal injury protection (PIP), Electronic Health Records, scheduling software, electronic insurance eligibility verification and a mobile app for the iPhone to streamline the transcription process. In 2011 SMARTMD launched an EHR Incentive Concierge Service, and a mobile application for hospital and nursing home rounds. SMARTMD currently provides services for over 1200 physicians across 39 states.

About Drummond Group
Drummond Group Inc., the trusted software test lab, provides effective and efficient electronic health record (EHR) testing to healthcare information technology vendors and hospitals. As an Office of the National Coordinator Authorized Testing and Certification Body (ONC-ATCB), Drummond Group works closely with healthcare software vendors and hospitals to certify EHRs that are looking to qualify for incentive funds under the American Recovery and Reinvestment Act (ARRA). Drummond Group is approved to certify both complete and modular EHR for both ambulatory and inpatient. Leveraging more than a decade's worth of interoperability, conformance testing and certification experience in multiple industries, Drummond Group delivers what's needed in healthcare: highly reliable and readily affordable software testing services. For more information, go to www.drummondgroup.com.

SMARTMD Corp. was recognized by the Florida Chiropractic Association and given its “Best Display Winner” award as one of its most outstanding expo displays at its recent FCA Spring Convention and Expo 2011.

Date: 02/10/2011

SMARTMD™ Releases Rounds Mobile App

Fort Lauderdale, FL., February 10, 2011– SMARTMD™ Corporation announced today the release of a new mobile app for the iPad, iPhone and Android, SMARTMD Rounds™.

“SMARTMD™ Rounds was designed in response to requests by our customers for a more efficient way to capture and submit charges when performing rounds at the hospital or nursing homes. Many were jotting notes on index cards that they would hand off to their biller once a week so the charges could be submitted. Claims could be even further delayed if a key piece of information was missing.” stated SMARTMD™ President, Nandip Kothari . “Using a mobile app to capture charges allows billing staff to review and submit charges instantly to shorten the reimbursement cycle.”

The SMARTMD™ Rounds mobile app can be used as a self-contained, stand alone product or as an integrated part of SMARTMD™ Clinician Desktop, an Electronic Health Records solution. SMARTMD™ Rounds is the fastest and easiest way to capture charges from SMARTMD Rounds and nursing home visits and provides immediate benefits to practitioners:

  • Streamline charge capture and shorten your billing cycle
  • Never be without critical medical information to aid in your decisions
  • Effortlessly share essential patient history with covering physicians

“The ability of today's practitioner to have this critical information at his or her fingertips not only increases efficiency, but it reduces exposure to the liability of uninformed decisions,” Mr. Kothari continued. “SMARTMD Rounds will become an essential tool for practitioners who routinely cover rounds for colleagues; the seamless transition it allows from provider to provider will set a new standard of care.”

More than 50% of physicians are using smart phones or PDAs on a regular basis to assist them in managing and treating their patients. SMARTMD™ Rounds is the second mobile app in less than a year to bring value to SMARTMD customers; a collaboration with Dictamus in 2010 allows SMARTMD's transcription customers to use an iPhone to record dictations and securely relay the voice files to SMARTMD.

Company Profile

SMARTMD is a leading provider of clinical productivity applications and business services for the healthcare industry. Our products and services help practices streamline operations, reduce expenses, and comply with industry regulations enabling physicians to dedicate more time to providing quality care for their patients. Founded as a transcription company in 1999, SMARTMD quickly expanded to provide medical billing services, including personal injury protection (PIP). Our 800+ transcriptionists and billing specialists currently provide services for over 1600 physicians across 39 states.

In late 2010, SMARTMD expanded again to offer Electronic Health Records, scheduling software, electronic insurance eligibility verification and a mobile app for the iPhone to streamline the transcription process. In 2011 SMARTMD launched an EHR Incentive Concierge Service, a mobile app for hospital/nursing home rounds and will soon release fully integrated billing software. SMARTMD provides services for virtually every specialty with an emphasis on becoming the premier EHR vendor for the following specialties: Orthopedic Surgery, Sports Medicine, Physical Medicine & Rehabilitation, Pain Management, Chiropractic, Podiatry, Neurology, Neurosurgery, Internal Medicine, Family Practice and General Practice.

Visit us online at www.SMARTMD.com or toll-free at 855-SMARTMD (855-762-7863) to see a demonstration of our new SMARTMD Rounds™ app.

Come see us at the following conventions and experience a demonstration of our EHR 3.1 Clinician Desktop:

Florida Chiropractic Association Spring Convention, March 17-20th 2011 at the Hyatt Regency Riverfront, Jacksonville , Florida.

Date: 12/20/2010

SMARTMD Releases EHR version 3.1

Fort Lauderdale, FL – December 20, 2010 – SMARTMD, Inc. announced today the general availability of its 3.1 EHR (Electronic Medical Record) product. SMARTMD provides a pain free path for transcription customers to migrate to electronic charts. The SMARTMD suite of services – transcription, billing, and EHR – provides a one-stop solution for small to medium practices. Additionally, C ongress recently extended the amount that small businesses may write-off for capital expenditures to $134,000 (See below on this IRS benefit for your EHR purchase in 2010 ).

“This latest release of our EHR product includes an improved, efficient and easy to use document encounter notes and along with the products ability to capture charges. With industry leading innovations such as in-line editing and diagnosis-driven templates, SMARTMD offers a unique architecture that is ideally suited for a small practice. Of more importance to our thousands of transcription customers is that this 3.1 release seamlessly integrates with our dictation services featuring one dictation to fill all sections. In fact, current transcription clients can upgrade to our EHR with minimal disruption to their business” states SMARTMD President, Nandip Kothari.

A new report released this past Monday by the Medical Group Management Association (MGMA) shows the following:

  • Independent physician practices with EHR systems had a median of $49,916 greater total revenue after operating costs per full-time physician in 2009 than physician practices using paper-based systems
  • Hospital- or delivery system-owned multispecialty practices with EHR systems had a 2009 median operating margin that was $42,042 higher than such practices that lacked EHRs
  • After five years of using EHRs, independent physician practices reported a median operating margin that was 10.1% higher than physician practices in their first year of EHR

Though the amount of physicians deploying EHR's have increased substantially in just a matter of 1-2 years, most physicians have still not made their purchase, nor have they even had their very first demonstration of an EHR. The stimulus program seems to be just that, the Federal Government's decision to create a financial incentive program to physicians who invest into Electronic Health Records…and creating even a larger incentive to those that invest now. SMARTMD suggests physicians do their own research by sitting through demonstrations of several EHR's before making a choice. Today's busy physician or office administrator may attend any number of free webinar's available on the internet that may be experienced from either the office or from home.

Our webinar's are for clients only, will be lunchtime and last no more than one hour. Some popular topics include what is “meaningful use (MU) and how to register and apply for these federal incentives monies. We have even created for our SMARTMD clients our very own SMARTMD EHR Incentive Program “Toolkit”, showing our clients in a step by step format, come January 2011, how to choose, register and apply for these federal incentive dollars.

“Four years ago, we knew the industry was changing. Paper based manual processes were eventually going to give way to electronic patient charts. Since then, we have been developing, testing, and perfecting our EHR product with existing clients. Today's announcement of release of 3.1 marks a significant milestone in our company's 12 year history” according to Kothari.

Even more exciting with this 3.1 release, is the announcement that our clients can now go online for additional EHR training; anytime and from anyplace. Clients can log on to our secure client-only website and access some 44 podcasts featuring all sections of our EHR. “Our SMARTMD family of clients have asked for this feature, so when new employees are hired, they can simply go online and start training day one instead of pulling another employee off their own daily tasks” states Kothari.

Some new features and benefits of our 3.1 SMARTMD EHR:

  • Enables physicians to document the patient encounter quickly, thoroughly and produces a professional written note. There's a new note wizard and even the ability to have one dictation fill all sections of the encounter note.
  • For administrative and front office staff, the SMARTMD automates numerous tasks including scheduling, patient check-in and check-out, document scanning, chart management, and claims processing
  • Includes a simple-to-use utility to migrate from paper charts to electronic records
  • Enables physicians to operate on the go – flip through charts, capture charges, print notes – all from a smartphone
  • Improve Deployment- Note editor utility, federated clinic server and online podcasts
  • Enable sharing of medical record- thru our partnership with Relay Health

“According to a recent report from KLAS, even big medical groups are increasingly considering products from smaller vendors” states Kothari. The report further states that a number of smaller vendors are getting more looks, even from larger practices that would normally not consider the smaller supplier. The KLAS survey reveals that among practices with five or fewer physicians, 72% are looking at products from other vendors then the top three EHR companies. What does that tell us at SMARTMD? Kothari mentions three words he feels most proud of…“Service, Support and Satisfy!” The report further states that one-third of those surveyed are replacing an existing EHR, and half of those are switching because their current product either lacks certification or functionality to help them get to meaningful use.

Congress recently extended the amount that small businesses may write-off for capital expenditures to $134,000!

Here's how you may lower your true cost of business equipment:

Business Equipment

Business owners who acquire such items as computers, and other tangible goods, usually prefer a substantial deduction in a single tax year, rather than a little at a time over a number of years. This accelerated deduction is known by its section in the tax code: a Section 179 deduction. This incentive is for equipment placed in service by December 31, 2010 and is designed for small to medium size companies, so the $134,000 deduction phases out when a business purchases more than $530,000 in one year. (Companies cannot write off more than their taxable income).

Benefits of a Non-Tax/Capital Lease

The benefit of a Non-Tax/Capital Lease is that it can take advantage of Section 179 by expensing up to $134,000 if the equipment is put in use in 2010. In addition, you may depreciate any excess on the depreciation schedule for that asset. Examples of Non-Tax/Capital Leases include a $101.00 Buyout, an Equipment Finance Agreement (EFA), and a 10% Purchase upon Termination (PUT) Lease.

Example: Assume you finance $150,000 worth of business equipment, put it in use in 2010, and take advantage of Section 179. Your tax savings could be significant:

Create Your Own Tax Break in 2010!
Equipment Cost Example: $150,000

1st Year Write Off: $134,000
($134,000 is the maximum Section 179 write-off in 2010)

Normal 1st Year Depreciation: $3,200
(Calculated at 5 years = 20%; ($150,000-$134,000) x 20% =$3,200

Total 1st Year Deduction: $137,200
($134,000 + $3,200 = $137,200)

Tax Savings Assuming Rate of 35%: $48,020
($137,200 x .35 = $48,020)

1st Year Net Cost after Tax Savings: $101,980
($150,000 - $48,020 = $101,980)

The sample calculation shows how taking advantage of Section 179 can significantly lower the true cost of equipment ownership from $150,000 to $101,980.

For the specific impact to your company, please contact your tax advisor.

Note:
For complete details, or changes to the tax incentives, please visit www.irs.gov or contact the IRS helpline at: 800-829-4933
Non-Tax/Capital Lease – Continued

Tax Code Section 179 & Election to Expense Detail
The election, which is made on Form 4562, is for the tax year the property was placed in service or an amended return filed within the time prescribed by law. The total cost of property that may be expensed for any tax year cannot exceed the total amount of taxable income during the tax year. Section 179 property is property that you acquire by purchase for use in the active conduct of your business. To ensure property qualifies, reference Publication 946.

This expense deduction is provided for taxpayers (other than estates, trusts or certain non-corporate

Lessors) who elect to treat the cost of qualifying property as an expense rather than a capital expenditure. Under Section 179, equipment purchases, up to the amount approved for a given year, can be expensed (deducted from taxable income) if installed by December 31st. Non-Tax leases qualify for this deduction in their year of inception. Any excess above the expensed amount can be depreciated depending on the equipment type. Not all states follow federal law. Contact your tax advisor for further detail or visit www.irs.gov for specific detail.

Tax/True Lease Benefits

If a lease is a Tax Lease/True Lease, the Lessor retains ownership and you, as the lessee, may be allowed to claim the entire amount of the monthly investment as a tax deduction. Many rental contracts qualify as a true lease including a 10% Option and a Fair Market Value Lease.

Example Calculation: Assume that you have a Tax/True Lease with a $1,000 monthly payment, the below tax savings that may be available:

Act Now!

To take advantage of the incentives and the substantial tax savings, your business equipment must be put in use by year-end. Please contact your tax advisor to learn about the specific impact to your business.

Interested in learning more? We'll provide you with a free consultation and extend finance solutions so you can acquire the business equipment you need. Contact SMARTMD today!

SMARTMD Presented, Learn the 3 Easy Steps Necessary for you to Register for EHR Incentive Dollars!

Join us for a Webinar on January 4, 2011 at 12:00 PM EST
Space is limited.

This 30-minute SMARTMD lunchtime webinar will piece together the registration puzzle so you can begin collecting those EHR incentive dollars. We will show you the 3 easy, but necessary steps to register your healthcare business. We will also highlight the 5 most important items you need to know before choosing which incentive program to participate in. Are you participating in the Medicare or Medicaid program? If you're like most physicians and don't know which program is best for your healthcare business, then this webinar is for you. We welcome all physicians, office managers and administrators to participate.

Title: Learn the 3 Easy Steps Necessary for you to Register for EHR Incentive Dollars

Date: Tuesday, January 4, 2011
Time: 12:00 PM - 12:30 PM EST

After registering you will receive a confirmation email containing information about joining the Webinar

SMARTMD presented… The 4 key steps you need to know to participate in the EHR incentive program; Your Invited for webinar!

Join us for a Webinar on December 16
Space is limited.

This 45-minute lunchtime webinar is for physicians, healthcare administrators and office staff.
Title:
SMARTMD Presents… The 4 key steps you need to know to participate in the EHR incentive program

Date: Thursday, December 16, 2010 
Time: 11:00 AM - 12:00 PM EST

SMARTMD Presented, "How, Where & When to apply for the EHR Incentive Program" ;


This webinar will answer all of your EHR Federal Incentive questions. Included in this webinar, will be such topics as:

  1. The 6 required criteria you need to meet before you apply
  2. The essential steps required before choosing an incentive program
  3. What is Meaningful Use (MU) and how to achieve it
  4. The timelines to meet MU criteria
  5. 4 questions to ask yourself prior to your EHR purchase
  6. How, where & when to apply for the EHR Incentive Program

This webinar is for physicians, office managers, administrators and additional support staff. Bring your lunch and join us!

If you are unable to attend, but would like one of our sales specialists to personally call or e-mail you to schedule a demonstration of our EHR solution, please register as if attending the FREE WEBINAR and answer the last question on the bottom of the registration form.

Title: SMARTMD's FREE How, Where & When to apply for the EHR Incentive
Program WEBINAR
Date: Thursday, November 18, 2010
Time: 12:00 PM - 1:00 PM EST

SMARTMD Presents, "How, Where & When to apply for the EHR Incentive Program" ; Webinar Completed.

This webinar will answer all of your EHR Federal Incentive questions. Included in this webinar, will be such topics as:
  1. The 6 required criteria you need to meet before you apply
  2. The essential steps required before choosing an incentive program
  3. What is Meaningful Use (MU) and how to achieve it
  4. The timelines to meet MU criteria
  5. 4 questions to ask yourself prior to your EHR purchase
  6. How, where & when to apply for the EHR Incentive Program

This webinar is for physicians, office managers, administrators and additional support staff. Bring your lunch and join us!

If you are unable to attend, but would like one of our sales specialists to personally call or e-mail you to schedule a demonstration of our EHR solution, please register as if attending the FREE WEBINAR and answer the last question on the bottom of the registration form.

Title: SMARTMD's FREE How, Where & When to apply for the EHR Incentive
Program WEBINAR
Date: Thursday, November 18, 2010
Time: 12:00 PM - 1:00 PM EST

After registering, you will receive a confirmation email containing information about joining the Webinar.

Date: 08/31/2010

SMARTMD Launches Facebook, Linkedin and Twitter Pages; Your Invited!

You are invited to connect with us through SMARTMD's very own Facebook, Twitter and LinkedIn social media websites. SMARTMD will use these sites to provide you with timely news and industry highlights that can affect your practices bottom line. There will also be practice management tips and suggestions to better streamline and strengthen your business. You will now have the opportunity share your very own comments on our products, offer ideas and even share your own industry tips.

More important; these three social media sites will have weekly discussion forums on the latest news and views from Washington D.C. Read and discuss with other SMARTMD clients and friends on any issue regarding such hot topics as the ONC's EHR Federal Incentive program and how your practice can begin the steps to achieve meaningful use and more.

We encourage you to be our friend and follow us by joining our new SMARTMD social sites on Facebook, Twitter and LinkedIn.

SMARTMD Facebook account for all our updates about EHR software, EHR systems and Medical transcription services To discuss with us on Facebook, visit www.SMARTMD.com and click the Facebook icon at the bottom of the home page. Connect with us by clicking Sign Up.

SMARTMD Twitter account for all our updates about EHR software, EHR systems and Medical transcription services. We are the best EHR Vendor and Provider To tweet with us on Twitter, visit www.SMARTMD.com and click the Twitter icon at the bottom of the home page. Tweet your thoughts by clicking Sign Up.

Our very own Linkedin page will go live Saturday, September 4, 2010. Remember to share your thoughts with us on LinkedIn, visit www.SMARTMD.com and click the LinkedIn icon at the bottom of the home page. You will have to quickly create an account and then search groups for SMARTMD. Once you've found us, send your request to join the group.

We look forward to seeing you online!

Date: 07/13/2010

FINAL RULE PUBLISHED TODAY BY CMS & HHS

Both CMS and HHS issued today the final rule for meaningful use. Below is an excerpt from today's press release and has been printed in its entirety by going online to www.SMARTMD.com and click on our SMARTMD blog page.

It was on June 4, 2010 that SMARTMD announced the general availability of its own EHR 2.5 (Electronic Medical Record) product, providing a pain free path for transcription customers to migrate to electronic charts in advance of impending government regulations. The SMARTMD suite of services – transcription, billing, and EHR – provides a one-stop solution for small to medium practices.

“This latest release of our EHR 2.5 product and the final rule being published is perfect timing for our clients and today's physician. Our solution seamlessly integrates with our dictation services and clients can upgrade to our EHR with minimal disruption to their business. And now as you will read, CMS and HHS have created great flexibility in achieving meaningful use” states SMARTMD President, Nandip Kothari.

One of the major changes in the final rule now requires providers to meet a “core” group of objectives, such as electronic prescribing, providing patients who request it an electronic copy of their health information and maintaining an active medication list. NOW, instead of 25, physicians must meet 15 of those core requirements, and hospitals must meet 14.

Providers must also choose 10 measures from a “menu set” of procedures they have to meet, but may defer up to five of them to the next stage, creating flexibility for today's business physician. The measures from this “a la carte” set include incorporating clinical lab results in EHRs, creating a summary of care as patient transitions through providers and maintain an up-to-date problems list of diagnoses.

As you will read below, a two-track approach has been established to create even further flexibility and to ensure that the most basic elements of meaningful EHR use will be met by all providers qualifying for incentive payments.

For example, in the proposed rule physicians had to prescribe 75 percent of their prescriptions electronically, while in the final rule that level is 40 percent. The number of clinical decision support orders also is down to one from five.

SECRETARY SEBELIUS ANNOUNCES FINAL RULES TO SUPPORT MEANINGFUL USE OF ELECTRONIC HEALTH RECORDS

WASHINGTON – July 13, 2010 U.S. Department of Health and Human Services Secretary Kathleen Sebelius today announced final rules to help improve Americans' health, increase safety and reduce health care costs through expanded use of electronic health records (EHR). 

“For years, health policy leaders on both sides of the aisle have urged adoption of electronic health records throughout our health care system to improve quality of care and ultimately lower costs,” Secretary Sebelius said.  “Today, with the leadership of the President and the Congress, we are making that goal a reality.” Under the Health Information Technology for Economic and Clinical Health (HITECH) Act of 2009, eligible health care professionals and hospitals can qualify for Medicare and Medicaid incentive payments when they adopt certified EHR technology and use it to achieve specified objectives.  One of the two regulations announced today defines the “meaningful use” objectives that providers must meet to qualify for the bonus payments, and the other regulation identifies the technical capabilities required for certified EHR technology. 

 Announcement of today's regulations marks the completion of multiple steps laying the groundwork for the incentive payments program.  With “meaningful use” definitions in place, EHR system vendors can ensure that their systems deliver the required capabilities, providers can be assured that the system they acquire will support achievement of “meaningful use” objectives, and a concentrated five-year national initiative to adopt and use electronic records in health care can begin. 

To read the entire press release issued today, go online to www.SMARTMD.com and click on our SMARTMD blog page.

Date: 06/04/2010

SMARTMD Releases EHR version 2.5

SMARTMD, Inc. announced today the general availability of its EHR (Electronic Medical Record) product. SMARTMD provides a pain free path for transcription customers to migrate to electronic charts in advance of impending government regulations. The SMARTMD suite of services – transcription, billing, and EHR – provides a one-stop solution for small to medium practices.

“This latest release of our EHR product includes industry leading innovations such as in-line editing and diagnosis-driven templates. Of more importance to our thousands of transcription customers is that this release seamlessly integrates with our dictation services. In fact, current transcription clients can upgrade to our EHR with minimal disruption to their business” states SMARTMD President, Nandip Kothari.

Though the amount of physicians deploying EHR's have increased substantially in just a matter of 1-2 years, most physicians have still not made their purchase, nor have they even had their very first demonstration of an EHR. The stimulus seems to be just that, the Federal Government's decision to create a financial incentive program to physicians who invest into Electronic Health Records…and creating even a larger incentive to those that invest now. SMARTMD suggests physicians do their own research by sitting through demonstrations of several EHR's before making a choice. Today's busy physician or office administrator may attend any number of free webinar's available on the internet that may be experienced from either the office or from home. You may choose to register and attend one of SMARTMD's free webinar soon to be announced. Our webinar's are for clients only, will be lunchtime and last no more than one hour. Topics covered will include how to qualify for federal incentive monies, how to choose the EHR that's right for your medical specialty and how an EHR improves your overall business.

“Four years ago, we knew the industry was changing. Paper based manual processes were eventually going to give way to electronic patient charts. Since then, we have been developing, testing, and perfecting our EHR product with existing clients. Today's announcement of release 2.5 marks a significant milestone in our company's history” according to Kothari.

Date: 05/19/2009

SMARTMD acquires Firstaid software corporation

SMARTMD Corporation, a premier national, has acquired Firstaid software corporation, an industry thought leader in practice automation software. SMARTMD will distribute Firstaid's practice management software (PMS) InsightMDTM to its customer base of 6,000+ physicians nationwide. "Our customers have been asking us to provide PMS and EHR software to streamline office functions. What we saw in Firstaid was solid technology and an experienced development staff that could augment our own team. We believe this acquisition positions us to better serve our customer's needs.", said Yosef Habte, president of SMARTMD.

Date: 04/10/2009

SMARTMD upgraded it's telecommunications system

SMARTMD Corporation, upgraded it's telecommunications system to provide better and quality customer service to all customers. To reach SMARTMD customer care call: 855-SMARTMD (855-762-7863)
 
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We are the best medical transcription, dictation service provider, EHR software systems and medical billing (PMS) solutions.