Meaningful Use Payments Reach $24.8B as of the End of July
September 4, 2014 in News
As of the end of July, CMS had paid out more than $24.8 billion in incentive payments to eligible hospitals and professionals participating in the meaningful use program, according to the latest CMS data, FierceEMR reports (Durben Hirsch, FierceEMR, 9/3).
Under the 2009 economic stimulus package, health care providers who demonstrate meaningful use of certified electronic health records can qualify for Medicaid and Medicare incentive payments.
Incentive payments are up slightly compared with data from a previous report, which stated $24.7 billion had been paid to hospitals and providers through the program.
During a Health IT Policy Committee meeting on Wednesday, Elisabeth Myers, with CMS’ Office of eHealth Standards and Services, said that nearly 490,000 providers had signed up for the incentive program as of the end of August. However, not every provider who registered has necessarily participated.
Specifically, for the 2014 reporting period:
- 8,024 eligible professionals had attested to meaningful use, including 1,479 new participants; and
- 436 eligible hospitals had attested to meaningful use, including 136 new participants.
Of those who attested this year:
- 3,152 eligible professionals attested to Stage 2 of the program; and
- 143 eligible hospitals have attested to Stage 2 (Walsh, Clinical Innovation Technology, 9/3).
Meanwhile, Myers noted that:
- More than 92% of eligible hospitals have received incentive payments under the program;
- 90% of eligible professionals have registered for the program; and
- 75% of eligible professionals have financially committed to implementing EHRs (FierceEMR, 9/3).