18.05.2006 16:00:00

U.S. Bank Oliver-Allen Technology Leasing Gives Medical Groups an Affordable Entry into Electronic Health Records

U.S. Bank Oliver-Allen Technology Leasing has expandedthe services it provides the medical industry by introducing a newleasing program that eases the costs associated with acquiringelectronic health records (EHRs) and makes the transition to EHRs areality. Also known as electronic medical records or EMRs, themigration to electronic records is expected to result in significantsavings and greater efficiency, but has been met with concern aboutthe up-front costs.

Oliver-Allen Technology Leasing offers flexible EHR lease programsthat minimize up-front project costs and allow practices to finance100 percent of the costs associated with a typical EHR project. Inaddition to offering manageable monthly payments, leasing provides acost-effective way to upgrade or replace equipment as needed, makingit easy to keep technology current.

"The drive by many state and national healthcare organizations toencourage the adoption of EHR has many practices wondering how andwhen to take the plunge, and at what cost. Most of the researchindicates that cost is one of the top, if not the number one barrierto adoption of EHR technology, which is why we believe that leasingwill emerge as a leading method of financing EHR technology," saidChris Emge, senior vice president of U.S. Bank Oliver-Allen TechnologyLeasing.

Oliver-Allen Technology Leasing offers step payment and deferredpayment options as well as lease terms to meet specific budgetaryrequirements. Oliver-Allen Technology Leasing professionals havein-depth knowledge of and experience in the healthcare informationtechnology market, offering competitive rates, fair and flexible termsand conditions, strong customer references and superior accountmanagement. They also provide personalized assistance and aconsultative approach to help group practices make the best financingdecision for their healthcare information technology acquisitions.

"U.S. Bank has long been a partner to the medical industry, withlending and depository relationships, treasury management andequipment financing. The extension of technology leasing is yetanother example of the company's commitment to physicians and medicalgroup practices," Emge said.

Established in 1973 and based in Larkspur, Calif., U.S. BankOliver-Allen Technology Leasing is a leading provider of leasefinancing for computers and other types of information technology. Formore information on Oliver-Allen Technology Leasing EHR leaseprograms, call 1-888-347-5327.

U.S. Bank Oliver-Allen Technology Leasing is part of U.S. BankEquipment Finance, one of the largest bank-affiliated equipmentfinance companies in the nation. U.S. Bank Equipment Finance has beenproviding quality equipment finance solutions for 35 years. It's amajor funding source for companies in virtually every industry sectornationwide. Visit U.S. Bank Equipment Finance on the web atwww.usbank.com/leasing.

U.S. Bancorp (NYSE:USB), with assets of $210 billion, is the 6thlargest financial holding company in the United States. The companyoperates 2,430 banking offices and 4,941 ATMs, and provides acomprehensive line of banking, brokerage, insurance, investment,mortgage, trust and payment services products to consumers, businessesand institutions. U.S. Bancorp is the parent company of U.S. Bank andits divisions, including U.S. Bank Equipment Finance. Visit U.S.Bancorp online at www.usbank.com.

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