Empower Systems Announces $100 Million Federated Healthcare IT Investment Fund for ONC Certified EHR Deployment at Critical Access Hospitals
Summary
The Empower Systems Federated Healthcare IT Investment Fund directly assists in this time-sensitive process by requiring no money down for qualified Critical Access Hospitals to receive expedited deployment of comprehensive EHR software to Inpatient units and physicians offices.Additional information can be found on online at www.empower.md ### Chicago, IL, December 10, 2010 --( PR.com )-- ONC Certified Complete EHR firm Empower Systems has announced the creation of its $100M Federated Healthcare IT Investment Fund.The purpose of the fund is to assist financially distressed hospitals in the rapid implementation of comprehensive Electronic Health Record (EHR) software and capitalize on Obama Healthcare IT Stimulus Incentives, which begin in early 2011.In order for all hospitals to qualify for incentive payments of $2 Million dollars per facility and $44,000 per physicians’ offices, they must demonstrate Meaningful Use of an ONC Certified Complete EHR for 90 continuous days prior to payment commencement in May 2011.The Empower Systems Federated Healthcare IT Investment Fund directly assists in this time-sensitive process by requiring no money down for qualified Critical Access Hospitals to receive expedited deployment of comprehensive EHR software to Inpatient units and physicians offices.Inclusion in the program is reported to be limited, so early entrants are most likely to be selected for the program.Hospital applicants can apply for expedited financial assistance from the Investment Fund by contacting the governance Board of Directors directly at (773) 255-1236.
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