News | December 16, 2009

Financing for EHRs Offered to Cash-Strapped Providers

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December 16, 2009 - Many healthcare providers who are pursuing meaningful use objectives and meeting with deadlines defined within the HITECH provision of the American Recovery and Reinvestment Act (ARRA) are challenged with securing the capital investment needed to meet the aggressive schedules.

As a result, these providers may need to defer payment until the providers are eligible to receive incentives monies.

To bridge the gap between the project implementation and the receipt of ARRA incentive, Siemens Healthcare announced it will be providing its customers an option to allows them to access cash flow through a a series of flexible financing solutions. Siemens is offering solutions from Siemens Financial Services, Inc., as well as from selected partners, including IBM Global Financing and 3-D Financial Services. 

IBM Global Financing (IGF) is the financing business segment of IBM. 3-D Financial Services LLC is a full service independent financial solutions provider dedicated to helping clients solve IT Lifecycle business challenges. These options allow customers to choose a customized financing solution that matches their individual technology acquisition roadmaps, business strategies, financial profiles, and technology needs.

By bridging the gap between the project implementation and the receipt of ARRA incentive, Siemens will be providing its customers an option which allows them to optimize their cash flow while maximizing return on investment. 

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