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Healthcare Financial News - Friday, July 10, 2009

Healthcare Financial News


Friday, July 10, 2009
Report: Medicaid Physicians Eligible for HIT Funding

About 45,000 office-based physicians, including nearly all physicians who practice at federally qualified health centers and half of office-based pediatricians, may be eligible for up to $63,750 over six years to improve and maintain their health information technology systems because of their participation in Medicaid, according to a new analysis by researchers at The George Washington University. 

The report, Boosting Health Information Technology in Medicaid: The Potential Effect of the American Recovery and Reinvestment Act, examines the Medicaid HIT adoption incentives contained in the American Reinvestment and Recovery Act. The funds are intended to help physicians establish, upgrade and operate electronic health record systems. The study is described as the first to map the potential impact of the Medicaid provisions on physicians’ access to incentive funding.

posted on 7/10/2009 8:00:08 AM (CST)  Permalink   
HFMA Comments on Proposed FASB Staff Position

HFMA’s Principles and Practices Board submitted a comment on the proposed Financial Accounting Standards Board Staff Position amending FASB Statement No. 157, Fair Value Measurements, to provide application guidance for estimating the fair value of investments in investment companies that have calculated net asset value per share in accordance with the AICPA Audit and Accounting Guide, Investment Companies.

In the proposed draft, the FASB sought comments on all matters in the proposed FSP, including specific issues that need to be considered in the deliberations on guidance for estimating the fair market value of investments in investment companies that have calculated the net asset value per share. HFMA comments centered on these issues.

 

posted on 7/10/2009 7:57:04 AM (CST)  Permalink