- April 23rd 2012
For the first time, physicians and other health professionals received more cash in Medicare meaningful use bonuses than hospitals got in a single month. However, Medicare Payment Advisory Commission data show that the vast majority of physicians have yet to collect a dime of government incentives for their use of electronic health records.
In February, the latest data available, 12,365 physicians and other “eligible professionals” received $222.6 million in Medicare meaningful use incentives, compared with 84 hospitals getting $129.9 million, according to an April 5 report delivered to MedPAC.
Doctors qualifying for Medicare meaningful use incentives in stages over five years can earn up to $44,000 per physician. Hospitals’ incentive terms can vary, but they start with a $2 million base payment. The number of physicians and other professionals qualifying for meaningful use in February, and the amount of incentive money they collected, was about equal to their participation [Read more]