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Medicare and Medicaid EHR Incentive Programs - Five Month Results Reported

Figures announced by CMS show solid results for the Medicare and Medicaid Electronic Health Record (EHR) Incentive Programs since registration for the programs opened on January 3, 2011. These programs provide incentives to eligible professionals and eligible hospitals as they adopt, implement, upgrade or demonstrate meaningful use of certified EHR technology in ways that improve quality, safety, and effectiveness of patient-centered care. Medicaid EHR Incentive Program Results As of May 31, ten states had issued Medicaid EHR incentive payments totaling more than $114.5 million to eligible providers who have successfully demonstrated that they have adopted, implemented, or upgraded certified EHR technology. First Medicare EHR Incentive Payments Announced The Recovery Act also authorized the Medicare EHR Incentive Program, which is administered by CMS. On April 18 CMS opened a secure website through which EPs, eligible hospitals, and critical access hospitals can demonstrate meaningful use of certified EHR technology to CMS by "attesting" to their compliance with program requirements for a continuous 90-day reporting period for their first year of participating in the Medicare EHR Incentive Program. On May 19, the Medicare EHR Incentive Program issued the first round of payments totaling $75 million to more than 300 providers who qualified for incentives in the first two weeks of the program.

SOURCE: Source
INDUSTRY NEWS TAGS: CMS, Laboratory


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