Medical Society of New Jersey Joins The Physicians Foundation and Five States to Create Fund to Improve Health Information Exchange
This is the largest investment of private funds to assist physicians with sharing health information across medical practices
The Medical Society of New Jersey (MSNJ), in association with five other state medical societies and The Physicians Foundation, today announced the formation of the first of its kind $500,000 interoperability fund, known as The Physicians Foundation Interoperability Fund, which will assist medical practices in effectively sharing clinical information with other physicians and hospitals through health information exchanges (HIE). Funding is available for physicians in participating states with an electronic health record system (EHR) and will be allocated to practices on a first come basis
“The Physicians Foundation Interoperability Fund comes at a time when many voices are calling for interoperability of EMR systems. This grant is the largest investment of private funds to assist physicians with health information exchange,” said Larry Downs, CEO of MSNJ. “The establishment of this fund demonstrates the commitment and support of the Foundation for practicing physicians.”
Sharing timely clinical patient information among physicians and hospitals with disparate EHRs relies upon a connection to a HIE. Through The Physicians Foundation Interoperability Fund, HIE participants can access patient data regardless of where the patient received care. Sharing of this timely information will improve clinical outcomes, reduce inefficiencies and improve patient safety when fully implemented.
“MSNJ is leading the effort to connect medical practices through OneHealth New Jersey. The Physicians Foundation Interoperability Fund is designed to offset costs for small medical practices to connect to the HIE,” according to the Kennedy Ganti, MD, Chair of the OneHealth New Jersey Advisory Board. “Many EMR vendors charge medical practices considerable fees to build EMR connections. These grant funds help remove the cost barrier.”
Other medical societies participating in the fund include Connecticut State Medical Society, Medical Association of Georgia, Louisiana State Medical Society, the Missouri State Medical Association and the South Carolina Medical Association.
“EHRs continue to be a major source of burden for physicians across the country. In conjunction with these state medical societies, The Physicians Foundation Interoperability Fund will provide resources for improving information exchange across participating states,” said Gary Price, M.D., president of The Physicians Foundation. “Our hope is that this initial Fund can be scaled nationwide to ensure physicians can effectively share timely and critical health information to ultimately improve health outcomes and care quality for their patients.”
Physicians in New Jersey seeking more information about The Physicians Foundation Interoperability Fund or about OneHealth New Jersey should contact MSNJ’s CEO Larry Downs at (609) 896-1766 or firstname.lastname@example.org.
About the Medical Society of New Jersey (MSNJ)
MSNJ is the oldest professional medical society in the United States, with over 6,500 members. MSNJ is the leading advocate for physicians in the state of New Jersey, including physicians in every specialty and practice setting. Its mission is to promote the betterment of the public health and the science and art of medicine, to enlighten public opinion in regard to the problems of medicine, and to safeguard the rights of the practitioners of medicine. For more information, visit www.msnj.org.
About OneHealth New Jersey
OneHealth New Jersey is a physician-led statewide health information exchange (HIE) delivered in partnership with the Medical Society of New Jersey (MSNJ) and KAMMCO. OneHealth New Jersey offers a suite of health information technology tools that allows connected physicians to share patient information while employing powerful analytic reports designed to help improve clinical outcomes, reduce inefficiencies, and positively impact patient safety. For more information, visit www.onehealthnewjersey.com.
About the Physicians Foundation
The Physicians Foundation is a nonprofit 501(c)(3) organization that seeks to advance the work of practicing physicians and helps them facilitate the delivery of health care to patients. It pursues its mission through a variety of activities including grant-making, research, white papers and policy studies. Since 2005, the Foundation has awarded numerous multi-year grants totaling more than $50 million. In addition, the Foundation focuses on the following core areas: physician leadership, physician wellness, physician practice trends, drivers of health, and the impact of health care reform on physicians and patients. As the health care system in America continues to evolve, The Physicians Foundation is steadfast in its determination to strengthen the physician-patient relationship and assist physicians in sustaining their medical practices in today’s practice environment. For more information, visit www.PhysiciansFoundation.org.