Why Platinum System is not going certified EHR?
Stage 2 and Stage 3 for certification is completely unknown and may lead to be onerous to chiropractor. From CMS website:The criteria for meaningful use will be staged in three steps over the course of the next five years. Stage 1 (2011 and 2012) sets the baseline for electronic data capture and information sharing. Stage 2 (expected to be implemented in 2013) and Stage 3 (expected to be implemented in 2015) will continue to expand on this baseline and be developed through future rule making.
The EHR incentive ($44,000.00) is considered income for chiropractors and may be subject to income taxes. From CMS website:We note that nothing in the Act excludes such payments from taxation or as tax-free income. Therefore, it is our belief that incentive payments would be treated like any other income. Providers should consult with a tax advisor or the Internal Revenue Service regarding how to properly report this income on their filings.
We believe chiropractors do not need other audits in their practice and should put most of their time, money and energy on patients: From CMS website:Any provider attesting to receive an EHR incentive payment for either the Medicare EHR Incentive Program or the Medicaid EHR Incentive Program potentially may be subject to an audit.
Chiropractors may be redeemable to CMS for a period of 10 years and more. Doctors will have to keep support of incentive claims for a period of 6 years. Combined with 4 or 5 years of claims, this lead to a 10+ year commitment with CMS for the incentive program. From CMS website: All providers attesting to receive an EHR incentive payment for either Medicare or Medicaid EHR Incentive Programs should retain ALL relevant supporting documentation (in either paper or electronic format used in the completion of the Attestation Module responses). Documentation to support the attestation should be retained for six years post-attestation. Documentation to support payment calculations (such as cost report data) should continue to follow the current documentation retention processes
Chiropractors may have to send back the incentive money. From CMS website: If, based on an audit, a provider is found to not be eligible for an EHR incentive payment, the payment will be recouped.
Platinum System has been told by many chiropractors that some of the meaningful use objectives do not suit their practice and the money and time saved not being certified can be invested to improve their practice overall, patient health included.
For all the above reasons, Platinum System has created his own stimulus plan. The Platinum System stimulus plan has been proven to be a great success for doctors who are serious about improving their practice. The plan is simple and efficient. Platinum System guarantees to chiropractors that they will increase their profit by at least $88,000.00 over a period of 5 years with a combination of increasing income and lowering expenses.