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Federal and state governments, insurance companies and other large medical institutions are heavily promoting the adoption of electronic health records.The US Congress included a formula of both incentives (up to $44,000 per physician under Medicare, or up to $65,000 over six years under Medicaid) and penalties (i.e. decreased Medicare and Medicaid reimbursements to doctors who fail to use ...
An ideal EHR system will have record standardization but interfaces that can be customized to each provider environment. Modularity in an EHR system facilitates this. Many EHR companies employ vendors to provide customization. This customization can often be done so that a physician's input interface closely mimics previously utilized paper forms.
The JKL Healthcare System was one of the first successful implementers of EMR using the Epic System, and they became a model site for other healthcare systems. JKL Healthcare received the Davies Award in September 2004, which is the most prestigious award in the IT industry for its implementation of the most comprehensive EMR system in the US.
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Epic was founded in 1979 by Judith R. Faulkner [5] with a $70,000 investment [6] (equivalent to $290,000 in 2023). Originally headquartered in Madison, Wisconsin, Epic moved its headquarters to a large campus in the suburb of Verona, Wisconsin in 2005, [7] where it employs 13,000 people as of 2023. [8]
In 2013 the company was said to be valued at $700M [3] and in 2014, Practice Fusion was the largest cloud-based electronic health record (EHR) platform for doctors and patients,. [4] Practice Fusion is used by more than 112,000 monthly active healthcare professionals with over 100 million patient records under management.
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