Friday, March 7, 2014

EHR Incentives Exceed $22.5B?

Based on the latest projections by the Center for Medicare and Medicaid Services (CMS)EHR (electronic health record) incentive payments may exceed the current $22.5 billion estimated payout.

The incentive program, formed under the American Recovery and Reinvestment Act of 2009 (ARRA) has funded 89% of hospitals and 65% of physicians.

"To date, 4,477 hospitals of 5,011 total eligible ones have received more than $13.8 billion in payments under the Medicare or Medicaid programs, or both."
- Centers for Medicare and Medicaid Services
The growing use of EHRs has also made identity theft of patients' personal and medical information easier. Healthcare organizations can proactively detect identity theft by utilizing low-cost on-demand SaaS analytics services.
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Sources:
(a) Centers for Medicare and Medicaid Services - www.cms.gov, 03/07/2014

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