Meaningful Use Penalties Take Effect In 2015Wednesday, February 18, 2015
As anticipated, providers who failed to attest to Meaningful Use in 2013, and bill Medicare Part B, are seeing a 1% reduction in their reimbursements from the Centers for Medicare and Medicaid Services (CMS) effective 1/1/2015. CMS released data that shows over 256,000 eligible professionals taking the penalty this year, with an average amount of $781/provider (see pie chart for a breakdown of providers per penalty range).
It is important to note these penalties as they will increase in future years for providers who fail to meet subsequent years of Meaningful Use. The penalties always occur two years after the failed attestation year (i.e. failing to attest in 2015 will render a penalty in 2017) and will follow a penalty schedule that will increase by 1% each year (see table below for penalty schedule).
If you are struggling to achieve Meaningful Use metrics, contact Purdue Healthcare Advisors' Help Desk for guidance.
Allison Bryan-Jungels, MS, CHES, serves as Senior Advisor-Buisness/Client Development for Purdue Healthcare Advisors. She has spent moe than 10 years in the healthcare sector working both in hospital facilities and the insurance industry.
Writer: Allison Bryan-Jungels, 765-496-9791, firstname.lastname@example.org
Tags: Quality Services