Start ePrescribing in 2011â€”in addition to increasing Medicare reimbursement by 1% in 2011, ePrescribing in 2011 prevents physicians from incurring the ePrescribing penalties for 2012 and 2013.
Although many providers are already ePrescribing, not everyone is aware of the timing involved to avoid the penalties:
- Providers must successfully ePrescribe on a total of 25 Medicare encounters between January and December 2011, or they will be subject to a 1.5% reduction in 2013 Medicare rates.
- Of the 25 Medicare encounters, providers must successfully ePrescribe on 10 Medicare encounters between January and June 2011, or they will be subject to a 1% reduction in 2012 Medicare rates.
Please note that physicians cannot receive incentives under both ePrescribing (MIPPA) and EHR Incentives (ARRA) during the same year.
A strategy to considerâ€”which will maximize revenue from the two programs combinedâ€”is to pursue the ePrescribing incentives in 2011 and meaningful use beginning in 2012.
For more government related information, visit SRS Government Affairs.
No related posts.