Implementation of an EMR that will enhance the practice’s performance in both patient care and operational efficiency, including relief of margin compression, takes the “buy-in” of all stake holders and a strategy for success. Healthcare Information Technologies, LLC is here to be part of the solution, guiding and assisting you every step of the way. The download contained in this section will be used as a basis for our planning. Success is the only option!


EMR Readiness Planner
Financing a HIT purchase requires some advanced planning. We will review this with you during the needs assessment. It is important to note that you should not only plan for financing the acquisition, but also plan for working capital and/or reserves to cover your practice during the transition. While we have relationship with financing sources, we also would encourage you to check the bank with which you have your existing relationship. Financing is not a profit center for HIT, LLC but is an offered option.

It is always in good order to perform a cashflow analysis of the impact of any project’s expenses. That analysis will be the basis for conversation with your bank and other funding sources.

Give yourself some choices. The cashflow projection prepared by your accountant should take into account varying scenarios in HIT cost, your practice’s cash needs, and plausible repayment scenarios. If your practice has an established line of credit with a local bank or a financial services company, and if that line of credit is sufficient to meet your cash needs, then there may be no reason to look further, although it never hurts to see what the competition is offering.
 
Please see the financing White Paper here.

PNC Credit Application

Creekridge Credit Application