The First Medicare Electronic Health Record (EHR) Incentive Payments Will Be Issued This Week
The Centers for Medicare & Medicaid Services (CMS) is pleased to announce that incentive payments for the Medicare EHR Incentive Program will be sent out this week! Providers who have successfully attested to having met meaningful use, and who have met all the other program requirements, can expect to receive their 2011 incentive payments soon.
The Centers for Medicare & Medicaid Services (CMS) is pleased to announce that incentive payments for the Medicare EHR Incentive Program will be sent out this week! Providers who have successfully attested to having met meaningful use, and who have met all the other program requirements, can expect to receive their 2011 incentive payments soon.
What Kind of Payment Can I Expect?
Eligible Professionals (EPs) participating in the Medicare EHR Incentive Program receive a payment based on 75 percent of their total Medicare allowed charges submitted no later than two months after the end of the 2011 calendar year. The maximum allowed charges used for a 2011 incentive payment is $24,000. This means that the maximum incentive payment an EP can receive for the first participation year is $18,000.
Eligible Professionals (EPs) participating in the Medicare EHR Incentive Program receive a payment based on 75 percent of their total Medicare allowed charges submitted no later than two months after the end of the 2011 calendar year. The maximum allowed charges used for a 2011 incentive payment is $24,000. This means that the maximum incentive payment an EP can receive for the first participation year is $18,000.
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