March 31, 2014

EHR Incentive Payments Rise 3.6% in Feburary, Top $21.6B Overall

More than 94% of the 5,011 eligible U.S. Hospitals have registered for federal electronic health-record incentive payment programs under Medicare, Medicaid or both, while slightly more than 90% of those hospitals have shared in nearly $14.2 billion in EHR incentive payments, according to the latest federal data. 

The programs, created under the American Recovery and Reinvestment Act of 2009, also have enrolled more than 88% of the estimated 527,200 eligible physicians and other professionals, of whom two thirds have been paid a total of nearly $7.5 billion.

About $4.4 billion has been paid to physicians and other EPs under Medicare, about 59.4% of total expenditures for them; $2.7 billion under Medicaid (36.3%), and $315.7 million (4.2%) under Medicare Advantage.

Physicians and other EPs, unlike hospitals, must partcipate in either the Medicare, Medicaid or Medicare Advantage incentive programs, but not more than one.

Since the cash began to flow in january 2011, the total public spending under all EHR incentive programs is now reported $21.6 billion, according the the monthly report from CMS for February.

That is roughly $675 million, or 3.2% from the January report.

 

Click here for the Physician Quality Reporting System and Electronic Prescribing (eRx) Incentive Program Report published by CMS

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