What is Meaningful Use?
The Medicare and Medicaid EHR Incentive Programs provide incentive payments to Eligible Professionals (EP) for the “meaningful use” of certified EHR technology to improve patient care.
Eligible professionals can receive up to $44,000 (or $24,000 if the participant begins in 2014) through the Medicare EHR Incentive Program and up to $63,750 through the Medicaid EHR Incentive Program as they adopt, implement, upgrade or demonstrate Meaningful Use of certified EHR technology.
The Medicare and Medicaid EHR Incentive Programs are staged in three steps with increasing requirements for participation.
Who is Eligible?
To qualify for the Medicaid EHR Incentive Program, the EP must have a minimum of 30% Medicaid patient volume (or 20% for pediatricians).
Hospital-based eligible professionals are not eligible for incentive payments. An eligible professional is considered hospital-based if 90% or more of his or her services are performed in a hospital inpatient (Place Of Service code 21) or emergency room (Place Of Service code 23) setting.
The Clock is Ticking…
The last year to begin participation in the Medicare EHR Incentive Program is 2014. EPs in their first year of MU in 2014 must attest by 1st October 2014 to avoid penalties in 2015.
Beginning in 2015, EPs (EPs that bill Medicare and can participate in either the Medicare or Medicaid EHR Incentive Programs) who do not successfully demonstrate Meaningful Use will be subject to a payment adjustment. The payment reduction starts at 1% and increases each year that a Medicare eligible professional does not demonstrate Meaningful Use, up to a maximum of 5%. If you began demonstrating MU in 2011 or 2012, you must attest in 2013 for a full year to avoid penalties in 2015. If you are beginning in 2014, you must attest by 1st Oct 2014 to avoid penalties in 2015.
The last year that an EP can begin participation in the Medicaid EHR Incentive Program is 2016.
DISCLAIMER: This document is provided for informational use only. All information expressed herein is current as of publication and is subject to change without notice.
Meaningful Use Stage 1 in 2014 (Click image below to launch)
Meaningful Use Stage 2 (Click image below to launch)