Stick Payment Attestation

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Unless you successfully meet Meaningful Use requirements this year, you will become subject to a 1% reduction in your 2015 Medicare PFS reimbursements. The penalties, which are applied two years later, will increase each year up to 5% if you continue to fail the Meaningful Use requirements.
Starting in 2015, if you are an eligible provider and have not attested to meaningful use of your EHR for 2014, you will be hit with a 1 percent penalty on your Medicare reimbursement. The penalties will increase to 2 percent in 2016 and 3 percent in 2017.
According CMS, 171,000 EPs are facing payment penalties in 2017 for failing to meet meaningful use requirements in 2015.
In the context of health IT, meaningful use is a term used to define minimum U.S. government standards for electronic health records (EHR), outlining how clinical patient data should be exchanged between healthcare providers, between providers and insurers and between providers and patients.
The average family physician receives only about $100,000 a year in Medicare reimbursements, Mitchell said, so a 1% penalty for failing to achieve meaningful use Stage 2 in 2014 will cost about $1,000 starting in 2015. Those penalties escalate to 2% in 2016 and 3% in 2017a combined three-year total of just $6,000.
Starting in 2015, if you are an eligible provider and have not attested to meaningful use of your EHR for 2014, you will be hit with a 1 percent penalty on your Medicare reimbursement. The penalties will increase to 2 percent in 2016 and 3 percent in 2017.
The Electronic Medical Records (EMR) Mandate. ... A mandate requiring electronic medical records for all practitioners is a part of PACA and is set to take effect in 2014. Some mandates included in the Health Insurance Portability and Accountability Act (HIPAA) have been included in and strengthened under the PACA.
This is called the Patient Summary Record. This right is referred to as Opt- Out. If you choose to opt-out, your care providers will NOT be able to access the electronic information in your health history, even in the case of an emergency, which could save your life in some situations.
The maximum incentive payment is $63,750 per eligible professional, paid over 6 years. The first year payment is $21,250, and $8,500 per year for subsequent years.
To qualify for an incentive payment under the Medicaid EHR Incentive Program, an eligible professional must meet one of the following criteria: Have a minimum 30% Medicaid patient volume* Have a minimum 20% Medicaid patient volume, and is a pediatrician*
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