Group practices planning to use remotely hosted electronic health records software to qualify for federal economic stimulus payments must take care when entering the contracts, one consultant advises.
For example, practices should require that the vendor pay a hefty penalty if its software fails to meet the yet-to-be-defined certification requirements for federal incentive payments at least six months before the program starts, says Steven Lazarus, president of Boundary Information Group, Denver. The consultant says the vendor should be required to “write a check, not provide a credit toward future payments.”
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