Medicare, Medicaid EHR Incentives on Track to Pass $10 Billion by Year’s End
Medicare and Medicaid electronic health record payments are estimated to have reached $9.245 billion to 177,100 physicians and hospitals through November since the program’s inception and are anticipated to reach $10 billion by the end of the year.
The Centers for Medicare and Medicaid Services will post final figures later this month as it captures more complete data.
During November, CMS estimated that it paid 8,250 Medicare eligible physicians $150 million and 4,000 Medicaid physicians $73 million and hospitals under either of the programs $645 million, for a total of $868 million, according to Robert Anthony, a specialist in CMS’ Office of eHealth Standards and Services.
“We saw a large number of hospitals come in November — 525 hospitals were paid by either Medicare or Medicaid,” he said at the Dec. 5 meeting of the advisory Health IT Policy Committee.
Many providers, especially hospitals, will attest and get paid in the final months of this year and early months of next year so they can be counted for 2012.
“The incentive payments were almost $1 billion more in November. We are on track for the end of December to hit the $10 billion mark for EHR incentives,” he noted.
In October, the totals were $8.4 billion paid since the program’s start to 164,593 Medicare and Medicaid providers.
via Government Health IT | continue reading