Medical informatics vendor to offer grants to healthcare providers

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In an attempt to make implementation of healthcare IT more accessible, medical informatics vendor Quest Diagnostics will offer eligible care providers discounts of up to 85 percent on its Care360 solution.

Healthcare facilities eligible for the Quest Diagnostics Grant Program will receive licenses of the clinical informatics system in addition to training, hosting, technical support and practice management solution licenses. Quest’s Care360 medical informatics product is ordinarily priced at between $400-450 per physician. Care providers will be able to apply for licenses under the grant program for the entirety of 2012 and into 2013, depending on the nature of the facility.

“As a longtime partner to independent physicians, we continue to look for opportunities to help them tackle [medical informatics system] adoption challenges and achieve meaningful use of patient information,” Richard Mahoney, vice president of Healthcare Information Solutions for Quest Diagnostics, said in a statement. “Our national grant program means that for only 15 percent of the retail cost, eligible physicians can have a certified [medical informatics system] that is up and running in approximately 45 days.”

According to a recent survey by healthcare information analysis firm Beacon Partners, financial obstacles remain a substantial barrier for many medical facilities in the adoption of clinical informatics systems, health information exchanges and other healthcare IT projects, reports Information Week.

Beacon Partners’ recent survey of more than 200 C-Suite executives in the healthcare industry indicates that initial financial outlay and a lack of sufficient capital investment funding were cited by many executives as primary obstacles to healthcare IT infrastructure improvements, including health information exchanges.

The report also indicated growing pressure on chief information officers (CIOs) to find ways of making such investments in healthcare IT possible, despite budgetary restraints. More than one in five respondents said that their healthcare IT budgets were simply too low to enable any significant investment, and an additional 38 percent indicated their budgets were less than $1 million.