Allscripts: Notes from NYC Investor Conference [View article]
Also, patients will be demanding that their physicians come into the 21st century. I just had to choose a new physician and picked one that could communicate by email and had electronic health records. I let it be known that was a critical part of my choice of doctor and told the ones I rejected they needed to have that to get my business.
I advise physicians in ym business. I find that where most businesses now treat IT as an necessary expense to be competetive, most physicians still think of it as a drain on their profits. THe Medicare change is important; up until now physicians had every incentive to cut costs to the bone; their reimbursement was the same and few patients are proactive. Now there will be an impact to their profit margin; I would expect insurers to start the same process at some point. How about professional liability insurers rating the polices for physicians on having ERH in place?
Allscripts: Notes from NYC Investor Conference [View article]
I advise physicians in ym business. I find that where most businesses now treat IT as an necessary expense to be competetive, most physicians still think of it as a drain on their profits. THe Medicare change is important; up until now physicians had every incentive to cut costs to the bone; their reimbursement was the same and few patients are proactive. Now there will be an impact to their profit margin; I would expect insurers to start the same process at some point. How about professional liability insurers rating the polices for physicians on having ERH in place?