The ISMA and the Centers for Medicare & Medicaid Services (CMS) remind physicians and practices participating in the Medicare Electronic Health Record (EHR) Incentive Program of key deadlines. You can still complete some activities in 2012 to receive an incentive payment for calendar year 2011.
Dec. 31, 2011 – End of the reporting year for those who participated in the Medicare EHR Incentive Program in 2011. Participants must have completed their 90-day reporting period by the end of 2011.
Feb. 29, 2012 – You have until this date to actually register and attest to meeting meaningful use to receive the incentive payment for 2011 through the Medicare & Medicaid EHR Incentive Program Registration and Attestation System here.
Payment threshold information
Feb. 29, 2012, is also the deadline to submit any pending Medicare Part B claims from 2011, as CMS allows 60 days after Dec. 31, 2011, for processing all pending claims. This means you have 60 days into this new year to submit claims for allowed charges incurred in 2011.
Medicare EHR incentive payments are based on 75 percent of the Part B allowed charges for covered professional services furnished during the entire payment year. If you did not meet the $24,000 threshold in Part B allowed charges by the end of calendar year 2011, CMS expects to issue an incentive payment in April 2012 for 75 percent of Part B charges from 2011.
Note: Medicaid incentives are paid by the states and timing varies.
Want more information about the EHR Incentive Programs? Visit the CMS website for details.
Here’s a tip about the ePrescribing incentive
Are you trying to determine if you were assessed the 1 percent penalty for not meeting Medicare’s ePrescribing requirements?
Take a look at your remittance advice documents for claims with dates of service on or after Jan. 1, 2012. If you see reason code 237 (legislated/regulatory penalty) or remark code N545 you were penalized the 1 percent.
Also note that CMS is no longer confirming exemption status for those who applied for it, due to a high volume of requests.