Friday, June 10, 2011

The Incentive is Real: $75M Distributed in First Round of Meaningful Use

CMS announced that more than 300 health care providers have received a total of $75 million in Medicare incentive payments for demonstrating meaningful use of electronic health records, HealthLeaders Media reports (Tocknell, HealthLeaders Media, 5/27).

CMS estimates more than 42,600 eligible physicians and hospitals have registered for the Medicare and Medicaid incentive programs, and roughly 485,000 could be eligible to participate, according to AHA News (AHA News, 5/26).

A list of health care providers who received Medicare meaningful use payments is available on a CMS website (Modern Healthcare, 5/27). The amounts of the specific payments were not revealed.