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ARRA Stimulus ROI Calculator

The federal government is using the American Recovery and Reinvestment Act (ARRA), in part, as an impetus for the nation’s healthcare organizations to acquire the health IT necessary to manage costs and improve patient care. Medsphere has created a straightforward Stimulus ROI Calculator to help hospitals estimate the level of ARRA funding available relative to the cost of our OpenVista® electronic health record (EHR) solution.

Simply enter your organization’s Medicare provider number and indicate staffed bed size by selecting from the available ranges. The Calculator will estimate the ARRA stimulus dollars available to your hospital, arming you with pertinent information as you make a critical health IT decision that will impact your hospital’s operational, clinical and financial future.

As the figures below demonstrate, most hospitals can expect to pay for Medsphere’s OpenVista in total with ARRA stimulus funds. We believe OpenVista is the only EHR that can afford this important advantage. Medsphere’s rapid (6-9 month) implementation process means hospitals can achieve meaningful use quickly enough to maximize federal stimulus funds. Finally, as a derivative of the U.S. Department of Veterans Affairs (VA) VistA system, OpenVista is the secure, proven choice for administrators seeking a safe and effective solution to the EHR dilemma.

OpenVista helps hospitals increase revenue, decrease operating expenses and ensure meaningful use. (We guarantee it!)

IMPORTANT NOTE: Estimates calculated below (i) only apply to acute-care hospitals; (ii) only reflect available data; (iii) are for informational purposes only; and (iv) will vary based on your charity-care charges and other factors. Actual results may vary. Hospitals eligible for Medicaid ARRA funding are those serving a Medicaid patient volume of at least 10% of the hospital’s total patient volume; this eligibility is at the discretion of the individual states involved.

Click here to have a Medsphere representative provide a quote specifically tailored to your hospital. Click here to access news release announcing the Calculator.

Leave Provider Number empty to use manually enter discharges below.

For testing only.

For testing only.

For testing only.

(Provided by federal stimulus)

($200/hospital discharge >1,150 and <23,000)

(Medicaid incentives are based on a formula that is similar to Medicare incentives.)

(Base amount + discharge amount x percentage of current Medicare discharges)

(Amount hospital qualifies for in FY 2011)

(Amount hospital qualifies for in FY 2012)

(Amount hospital qualifies for in FY 2013)

(Amount hospital qualifies for in FY 2014)

Total amount* hospital qualifies for over the life of the stimulus program; assumes eligibility is met when payments begin

Of the total 5-year subscription fee above, Medsphere earns the
at-risk portion only after the hospital achieves Meaningful Use.

(In months)

(Total available stimulus funds minus cost of
Medsphere OpenVista over five years)

* Includes Medicare and Medicaid incentives.

Medsphere in the News

Calculate your Stimulus ROI

Rick Young photo

Medsphere COO Rick Jung discusses achieving meaningful use and Medsphere’s new Stimulus ROI Calculator.

10:53

Medsphere helps hospitals achieve widespread adoption, automation and clinical transformation. The result?

CheckedIncreased revenue

CheckedDecreased operating expenses

CheckedMeaningful Use guaranteed!