• Revenue Cycle Management
  • COVID-19
  • Reimbursement
  • Diabetes Awareness Month
  • Risk Management
  • Patient Retention
  • Staffing
  • Medical Economics® 100th Anniversary
  • Coding and documentation
  • Business of Endocrinology
  • Telehealth
  • Physicians Financial News
  • Cybersecurity
  • Cardiovascular Clinical Consult
  • Locum Tenens, brought to you by LocumLife®
  • Weight Management
  • Business of Women's Health
  • Practice Efficiency
  • Finance and Wealth
  • EHRs
  • Remote Patient Monitoring
  • Sponsored Webinars
  • Medical Technology
  • Billing and collections
  • Acute Pain Management
  • Exclusive Content
  • Value-based Care
  • Business of Pediatrics
  • Concierge Medicine 2.0 by Castle Connolly Private Health Partners
  • Practice Growth
  • Concierge Medicine
  • Business of Cardiology
  • Implementing the Topcon Ocular Telehealth Platform
  • Malpractice
  • Influenza
  • Sexual Health
  • Chronic Conditions
  • Technology
  • Legal and Policy
  • Money
  • Opinion
  • Vaccines
  • Practice Management
  • Patient Relations
  • Careers

First Meaningful Use Medicare Incentive Checks Are Cut

Article

The first Medicare EHR incentive payments have been issued under the 2009 HITECH Act, according a notice by the Office of the National Coordinator.

This article originally appeared on PhysiciansMoneyDigest.com.

The first Medicare electronic health record (EHR) incentive payments will be issued this week under the Health Information Technology for Economic and Clinical Health (HITECH) Act of 2009, according a notice by the Office of the National Coordinator.

The Centers for Medicare & Medicaid Services (CMS) has said physicians who have successfully attested to having met “meaningful use,” along with other incentive program requirements, can expect to receive their 2011 incentive payments in May. CMS began the attestation phase on April 18. Physicians may receive as much as $44,000 from Medicare and $63,750 from Medicaid for the implementation and so-called meaningful use of certified HER over the next few years.

Physicians participating in the incentive program will receive payments based on 75% of their total Medicare allowed charges, and the maximum allowed charges for a 2011 incentive payment is $24,000. So the maximum incentive payment for the first participation year is $18,000.

The payments will be made the same way other Medicare reimbursements are made, via electronic funds transfer or by paper check, according to the ONC. For electronic transfers, incentive payments will be deposited in the first bank account on file, noted on the bank account statements as "EHR Incentive Payment.

HealthcareIT News reported that four physicians have become the first to receive their incentive checks: Juan Salazar, MD, an internal medicine physician from McAllen, Tex., and three physicians from West Broadway Clinic of Council Bluffs, Iowa.

Related Videos
Victor J. Dzau, MD, gives expert advice
Victor J. Dzau, MD, gives expert advice