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Athenahealth, Inc. (ATHN) Message Board

  • net_box net_box May 6, 2013 8:06 AM Flag

    Medical Clinics and MDs are not Embracing it ........

    many web based EMR/Billing Systems are lagging behind, as they are not embraced by the medical community. Remote billing systems are not as critical if the internet is slow, or gets interrupted, but once the electronic charting goes down, then the office cannot operate.

    Plus there are so many 0 or very low cost emrs out there (Quest, Office Ally, Amazing charts, Mckesson clinical, why would someone pay such a high price???

    Makes no sense to me that they can compete, especially now, since new EMRs had to be installed and running by June, in order for the medical offices to attest for meaningful use money from CMS or medicaid. That incentive is now gone, thus sales will decelerate further, over the next 2 years. Docs w ill wait and see if the new administration will require them to purchase an EMR system.

    IMO
    This is the perfect short story (as well as others in this sector).

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    • georgespelvin@rocketmail.com georgespelvin May 6, 2013 9:31 PM Flag

      you are right. There may be only two vendors doing well. One is private (Epic) and one is Cerner. I know of no other. GE is putting IDX to sleep and using CPS (old Millbrook). The low end system I see making healthy inroads is eClinicalWorks. They just replaced NextGen in a major hospital system that is five miles from their corporate office.

      EMR's do not make money. They cost money. In the beginning and down the road. Good billing solutions make money.

      Back in the late 90's the doctors that sold their practices to aggregators wound up getting them back again after the aggregators went out of business.

      The problem the docs have is not clinical. It is billing.

      Sentiment: Strong Sell

 
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