Carlsbad, Calif.-based Medsphere Systems Corporation says hospitals that sign contracts before December 31, 2009, to implement its OpenVista open source EHR are guaranteed to achieve full implementation and meet federal meaningful use standards by January 31, 2011.
Medsphere says it is putting the equivalent of one-third of its subscription revenue at risk to ensure hospitals have a comprehensive EHR solution that improves patient care and enables the greatest possible federal financial support. Meeting this deadline for EHR implementation makes participating hospitals eligible to collect maximum federal EHR funding under the American Recovery and Reinvestment Act (ARRA), it adds.
