Who is Eligible for Medicare Incentives?
- Doctors of Medicine or Osteopathy
- Doctors of Dental Surgery or Dental Medicine
- Doctors of Podiatric Medicine
- Doctors of Optometry
- Critical Access Hospitals
- Medicare Advantage Hospitals
- "Subsection (d) hospitals" paid under hospital inpatient prospective payment system
How much could I receive in incentives?
Medicare Eligible Provider Incentive Payments
*First year in which the Medicare eligible provider qualifies to receive incentive payment
How do I qualify to receive incentives?
To qualify for Medicare incentive payments, Medicare eligible professionals (EPs) must successfully demonstrate meaningful use of certified electronic health record technology for year of participation. Under the Medicare Incentive Program, EPs who are able to demonstrate meaningful use can received up to $44,000 over five years. Medicare eligible professionals must begin participation by 2012 to receive the maximum incentive payment. The annual amount of the incentive payment limit for each payment year will increase by 10 percent for Medicare EPs who predominately serve in a Health Professional Shortage Area (HPSA).
In 2015, Medicare payment reimbursements will be reduced for Medicare EPs who do not successfully demonstrate meaningful use. Those reductions start at 1 percent and increase up to 5 percent for every year that a Medicare EP is unable to demonstrate meaningful use of EHR technology.