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A Real or Economically Stimulated Need?
Many doctors – and their CPAs – view an in office electronic medical record [eMR] system as a balance sheet item to purchase for a medical practice; much like any other piece of business equipment or medical instrumentation.
Of course, ARRA and the HITECH Acts also treat eMRs like an asset that the Federal government can motivate doctors to purchase thru their “meaningful use” economic stimulus and rebate program … sort of a social engineering fiscal health policy for medical professionals.
And so, the question for doctors really is: do you believe in eMRs as a stand-alone item above and beyond their rebate earning capacity?
THINK “cash for clunkers”, or the first time home buyer “mortgage credit rebate program”.
In other words, sans this Federal economic rebate program externality, would you purchase an eMR system despite the HITECH Act? Will you purchase one once the rebate period has expired. Are eMRs a depreciating or appreciating asset?
Please opine with your vote!
Conclusion
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Filed under: "Advisors Only", "Doctors Only", Accounting, Health Law & Policy, Information Technology, Voting Polls | Tagged: ARRA, CCHIT, EHRs, EMRs, HITECH, ONC | 2 Comments »
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