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Key Dates to Maximize Meaningful Use and MIPAA Incentive Payments Infographic

by Fred Pennic 09/26/2012 Leave a Comment

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Important key dates to maximize Meaningful Use and MIPAA incentive payments infographic visualization created by DrFirst

E-prescribing leader DrFirst created an infographic visualization of the important key dates to maximize incentive payments for The Medicare Improvements for Patients & Providers Act (MIPAA) and Meaningful Use incentive programs. The infographic details the potential reimbursement amount by year for successfully meeting Meaningful Use starting at $44k maximum reimbursement this year to $24k by 2014.

The Medicare Improvements for Patients & Providers Act (MIPAA) Incentives

Eligible Provider’s (EP) who missed the June 30th MIPPA e-prescribing deadline still have two ways to earn Federal incentive payments and avoid future penalties:

  • Write e-prescriptions for 25 unique Medicare encounters by December 31st, 2012
  • Have a certified electronic health record (EHR) system fully implemented no later than October 3rd 2012, and successfully meet the required number of Meaningful Use objectives
  • Providers who write e-prescriptions for 25 unique Medicare patient encounters prior to December 31st, 2012 will receive a 1% bonus on Medicare payments in 2013 and avoid a 2% penalty on Medicare payments in 2014.
  • Allow plenty of time to meet the minimum e-prescription requirements. Implement a qualified e-prescribing system as soon as possible and avoid the last minute implementation and training rush.
  • Once the e-prescribing solution is up and running, take advantage of the benefits and efficiency of e-prescribing by using your system to write and transmit e-prescriptions for all patients, not just Medicare patients.
Meaningful Use Incentives
In order to qualify for the Meaningful Use incentive payments for 2012, EP’s must have a certified EHR system that’s fully implemented by no later than October 3rd 2012, and meet the required number ofMeaningful Use objectives from the “core” and “menu” sets.
It is important to note that Eligible Providers (EP) can only claim benefits for only one Medicare incentive payment program: either through MIPAA or Meaningful Use, but not both.
 PDF Version is available for download HERE
CLICK IMAGE TO ENLARGE INFOGRAPHIC
Maximize Meaningful Use and MIPAA Incentive Payments Infographic

 

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