MedNet offers complete turn-key services through the purchase option that best fits your needs. Why not choose the most cost effective and least disruptive electronic medical record implementation option for your practice? Options include client server on site solution, monthly lease purchased based or web-based software hosted on a remote server. You choose which one works best for your practice.
Option 1 - License purchase to operate on in-house client-server
Option 2 - Monthly finance fee for license on in-house client-server
Option 3 - License purhase to operate on web EMR hosting services
Option 4 - Software subscription service via application service provider
The cost of implementing an Electronic Medical Record (EMR) can become a financial burden if the capital used is necessary for healthy cash flow. For many years, some physicians put off purchasing an EHM because of the financing constraints it would have on their practice.
We can help finance the purchase of your EMR through long or short term financing. Here are some of the benefits of our financing choices:
Conserves
Through MedNet's financing partners, your e-MDs product does not tie up working capital as do other methods of equipment acquisition, thus allowing more productive use of available capital. Therefore, your practice gains both the needed equipment and the capital for future growth.
Does Not Disturb Existing Bank Lines (New Credit source)
There is a borrowing limitation in every business operation. Our financing options enable your practice to maintain its borrowing capacity while allowing the advantage f the use of your e-MDs technology without burdening bank credit availability.
Overcomes budget Limitations
The purchase of new products and services may be beyond capital budget limitations. Without financing, the unhappy alternative usually is the continued utilization of machinery that has lost its maximum productive capabilities. Financing enables monthly payments to be made from operating budgets rather than from capital budgets thus enabling the acquisition and use of new EMR technology.
Tax Advantage (Faster Write-Offs)
Most equipment purchase/financing meet Tax Code 19 deduction criteria which allows for the immediate tax write-off of the EMR system amount. Additionally, monthly rental deductions are greater than depreciation expense, thus tax liability is reduced. We advise you to consult your accountant to determine if the finance or lease plan offer tax advantages.
Produces Profit
Many practices realize a positive cash flow from financing the e-MDs system immediately because revenue produced or the cost savings realized by the financed system can improve productivity. Therefore, profits are derived from the use of the technology.
MU Incentives
Buy having a certified Meaningful Use EHR like e-MDs, means you are entitled to as much as $44,000 in Medicare reimbursements, or $63,000 in Medicaid incentives. The funds you receive by qualifying under the MU requirements means your investment in an EMR will have a short ROI period.
Software Purchase Option
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