Thursday, August 1, 2013

$15.5B in EHR Incentives

The 2009 federal economic stimulus package allowed health care providers who demonstrate meaningful use of electronic health record systems (EHRs) to qualify for Medicaid and Medicare incentive payments.

Under this program more than $6.3 billion has been paid to physicians and other eligible professionals who demonstrated meaningful use as of June 2013. In addition the Centers for Medicare and Medicaid Services (CMS) reports eligible hospitals have received $9.2 billion in incentives.

"In total, 58% of eligible professionals and 80% of eligible hospitals have received incentive payments totaling $15.5 billion since the meaningful use program launched in 2011." - Modern Healthcare
Currently, only 11% of eligible hospitals and about 24% of eligible professionals have not yet registered for the meaningful use program.

With the deployment of EHRs to achieve meaningful use healthcare organizations are more exposed to inappropriate and criminal access to patient data. To proactively detect such access, low-cost on-demand SaaS analytics are available.

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Sources:
(a) Majority of Eligible Providers Have Received EHR Incentive Payments - www.iHealthBeat.org,07/31/2013

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