The CMS July EHR Incentive Program Report details $6.6B in payments to hospitals and individual providers as of July 31, 2012. Payments under the Medicare EHR Incentive Program started in May of 2011 while Medicaid incentive payments started in January off 2011.
The Eligible Hospitals (EH’s) continue to have a large participation in the incentive programs. Not only are 77.5% of the hospitals registered, but almost all of those registered have demonstrated Stage 1 meaningful use of an EHR and received payments.
However, Eligible Professionals (EP’s) have only reached 51% registration and of those registered, less than half have demonstrated meaningful use of an EHR and received incentive payments.
CMS is only required to show a breakdown of payments to physicians receiving payments under the Medicare EHR program and not the Medicaid EHR program. Of the 62,883 EP’s that have received Medicare Payments to date, 59,461 5 were Doctors of Medicine or Osteopathy. The rest were dentists, optometrists, podiatrists or chiropractors. Of the physicians receiving payments, half are family practitioners, internists, or cardiologists.
EP incentive payments per month peak at February which was the last day to receive payments for 2011. EH payments peak in December which was the last day for EH’s to attest to receive payments for 2011. October 3, 2012 is the last day for eligible professionals to begin their 90-day reporting period for calendar year 2012 for the Medicare EHR Incentive Program. And the last chance to receive the maximum incentive payment under the program.