| MedStar Newsletter - May 2009 |
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IN THIS ISSUE:
NEW CYBERNET MEDICAL FINANCING OPTIONS The American Recovery & Reinvestment Act appropriates $19.2 billion dollars to encourage the adoption of electronic health records as part of its incentives for health IT adoption. The packages offered are sufficient to completely pay for conversion to electronic medical record systems in many cases. However, since most of the payout incentives require existing use of such systems, there is still a need to invest up front to take advantage of the program -- and this presents a difficulty to many organizations in the current economy. To help solve this problem, Cybernet Medical has teamed up with Fidelity Capital to offer financing options for purchases of our MedStar monitoring packages and kiosks. Additionally, Cybernet Medical is now offering our MedStar Interactive Voice Response (IVR) system as a standalone service option, to assist organizations that do not require a complete system to take advantage of the stimulus package. Company branding options are also available upon request. If you are interested in discussing how Cybernet Medical can help you take advantage of this program, please contact us at:
For more information on the Stimulus Bill and how it may effect your organization, a more detailed article is available here: grouponehealthsource.com/page/economic-stimulus?gclid=CKDouOL28JoCFSMeDQodGF3gJA
STIMULUS PACKAGE ALTERS HIPAA RULES FOR BUSINESS ASSOCIATES The American Recovery and Reinvestment Act, better known as the stimulus bill, is notable for the $19 billion it offers for incentives to adopt and use health information technology. But it also expands the reach of the Health Insurance Portability and Accountability Act. Specifically, the stimulus bill expands the reach of privacy and security rules implemented under HIPAA to cover business associates and covered entities. So, among other changes, your business associates will need to implement written policies to (among other things) prevent, detect, contain and correct security violations of electronic information, as well as developing safeguards to limit access. If you are interested in learning how Cybernet Medical's products can aid your HIPAA compliance efforts, please contact us at:
To view the entire article referenced above, look up the May 11, 2009 issue of American Medical News, or read it online: www.ama-assn.org/amednews/2009/05/04/bica0504.htm
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