DecisionHealth, DecisionHealth - 2014 Issue 12 (December)
Breaking news: 257,000 providers will see 1% meaningful use payment penalty
Watch your mailbox: CMS will be notifying providers by letter that they are subject to a 1% pay cut in 2015 for not attesting to meaningful use for 2013.
Beginning Jan. 1, the roughly quarter-million eligible providers who failed to attest to meaningful use by the reporting deadline of Oct. 3, 2014, will see a reduction in Medicare reimbursement for the duration of the 2015 calendar year. The penalty for providers is scheduled to increase by a rate of 1% in subsequent calendar years – to 2% in 2016, 3% in 2017, 4% in 2018 and 5% in 2019 – unless the eligible professionals attest, CMS states.
The 257,000 providers facing the Medicare payment adjustment are likely a mix of providers that have never attested and those who have attested in previous years but, for one reason or another, decided not to attest in 2013, says Todd Searls, executive director, Wide River LLC, Lincoln, Neb. While federal incentives have helped mitigate the cost of implementing an electronic health record, those incentives have grown smaller every year since 2012.
Providers must attest to meaningful use every year to avoid the payment penalty. If, by oversight or error, you receive a letter signaling a pay cut, CMS offers a reconsideration application, which must be submitted no later than Feb. 28, 2015, for review. Go here to learn more: http://cms.gov/Regulations-and-Guidance/Legislation/EHRIncentivePrograms/PaymentAdj_Hardship.html.
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