CMS Has Doled Out $28B in Meaningful Use Incentives
February 18, 2015 in News
As of December 2014, CMS had paid out more than $28.1 billion in incentive payments to eligible hospitals and professionals participating in the meaningful use program, according to the latest CMS data, Modern Healthcare reports.
Under the 2009 economic stimulus package, providers who demonstrate meaningful use of certified electronic health records can qualify for Medicaid and Medicare incentive payments.
According to Modern Healthcare, payments surged by about $2 billion from November 2014 to December 2014 in part because eligible professionals needed to meet program requirements by the end of the calendar year (Conn, Modern Healthcare, 2/13). Through November 2014, about $26 billion had been paid to eligible hospitals and professionals through the program (iHealthBeat, 1/14).
Specifically, CMS data show that 4,740 hospitals, or 95% of the 4,993 hospitals eligible for the meaningful use program, received $17.4 billion.
Meanwhile, 426,597 professionals, or more than 79% of the 537,600 professionals eligible for the program, received $10.7 billion (Modern Healthcare, 2/13).
At a joint Health IT Policy and Standards Committees meeting earlier this month, CMS and the Office of the National Coordinator for Health IT also announced that as of Feb. 1:
- 127,815 eligible professionals had attested to meaningful use for 2014, including 25,312 new participants; and
- 4,090 eligible hospitals had attested to meaningful use for 2014, including 304 new participants (CMS data, 2/10).
Of the eligible professionals who have attested for 2014:
- 91,033 have attested to Stage 1; and
- 36,782 have attested to Stage 2 (iHealthBeat, 2/11).
Meanwhile, 71,519 eligible professionals as of Feb. 1 were scheduled to attest to Stage 2 (CMS data, 2/10).
Of the eligible hospitals that have attested:
- 2,275 have attested to Stage 1 for fiscal year 2014; and
- 1,815 have attested to Stage 2 for FY 2014 (iHealthBeat, 2/11).
According to CMS, 2,389 eligible hospitals as of Feb. 1 were scheduled to attest to Stage 2 (CMS data, 2/10).