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Records: Electronic Medical Records
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PLANO, Texas, Feb. 22 /PRNewswire-FirstCall/ -- Today Perot Systems Corporation PER and Oakwood Healthcare announced their newly implemented revenue cycle solutions and integrated electronic medical records program are delivering significant, positive results. After only 120 days, Perot Systems has increased Oakwood's revenue cycle performance, and produced significant improvements in operational performance and cash collections.
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Perot Systems is implementing the NextGen® suite of ambulatory electronic medical records (EMR) and enterprise practice management (EPM) applications for Oakwood Healthcare's physician groups. Reducing errors as well as decreasing transcription costs are key benefits to the implementation of technology that allows providers to electronically document patient encounters at the point of care.
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Starting Feb. 1, 2008, MHA Insurance Company will grant a premium credit of up to 5 percent for qualifying policyholders who utilize an Electronic Medical Records (EMR) system. A qualifying policyholder would include independent solo physicians and group physician practices.
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Massachusetts Senate President Therese Murray is promoting legislation to mandate electronic medical records in the state. The bill would allocate $25 million for the EMR project, which would be up and running by 2015.
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