Half of Hospitals May Not Meet Meaningful Use Standards

Half of U.S. hospitals are at risk of failing to meet federal requirements for achieving meaningful use of electronic medical records and may incur penalties by 2015, estimated at $3 million to $4 million a year for a 500-bed hospital, according to a report by Accenture.

An Accenture survey of CIOs at health systems found that fewer than 1 percent of the systems achieved mature use of EMRs in 2009.

The survey also found that:
* An estimated 90 percent of hospitals will invest to install or upgrade EMRs in the next year.
* Most major health systems underestimate the time and cost of implementing advanced EMR functions.
* Hospitals experience an 80 percent increase in IT operating expenses while transitioning to EMRs.

Read the Accenture report on EMRs.

Read more coverage of meaningful use.

-Survey: 81% of Hospitals, 41% of Practices Will Apply for Meaningful Use Funds

-Hospital IT Officials Urge Simplification of Meaningful Use Requirements

-7 Ways Community and Rural Hospitals Can Achieve Meaningful Use


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