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Home / News & IndustryManaged Care Insight and Analysis
Updated: August 3, 2010
Ingenix Offering Physicians A Deal On Its CareTracker EHR

With an eye toward 2011, Ingenix is providing physicians with interest-free financing, health information technology (HIT) services and performance guarantees.

The program enables physicians to implement Ingenix CareTracker EHR, a low-cost, full-functioning EHR with no out-of-pocket costs. No payments are due until 2011 when American Recovery and Reinvestment Act (ARRA) reimbursements for EHRs begin.

In a recent Ingenix survey of 1,000 physicians and physician practice administrators, 80 percent cited cost as one of the greatest risks to deploying technology in their practice.

Qualifying U.S. physicians can receive an interest-free loan from Ingenix (underwritten by OptumHealth Bank, Member FDIC) to license and implement CareTracker EHR. The financing covers implementation and monthly subscription costs until Nov. 30, 2015. Qualifying physicians can repay the loans with annual reimbursement dollars from the incentives authorized in the stimulus bill.

Bill Miller, executive vice president of health care delivery at Ingenix, said the combined annual subscription cost for CareTracker EHR and CareTracker PM is less than $7,000 per physician. Depending on the make up of their patient mix, for many physicians stimulus funding may cover most or all CareTracker subscription costs through the end of the ARRA reimbursement period.

Address: Ingenix, 12125 Technology Dr., Eden Prairie, MN 55344; (888) 445-8745, www.ingenix.com.


  This article was taken from:
The Executive Report on Managed Care

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