Meaningful-use incentives top $19 billion

gloStream_Feb06_AMore and more health-care providers are going digital, if meaningful-use reimbursements are any indication.

The Center for Medicare & Medicaid Services (CMS) is reporting that it has disbursed more than $19 billion in reimbursement incentives. That’s in keeping with a September 2012 prediction from the former national coordinator for health information technology, who said the federal government would likely pay out $20 billion in incentives before 2015.

According to the CMS, at the end of 2013, 440,998 registered health-care providers participated in the federal incentive program for electronic medical records (EMRs). Almost 63 percent of Medicare-eligible and Medicaid-eligible providers have made a financial commitment to an EMR, and more than 340,000 have received an incentive payment.

The CMS also reported that of those health-care providers who intend to participate in the meaningful-use program, 19 percent had adopted all 14 of the 17 Stage 2 core objectives.

If you haven’t received your incentives yet, consider looking into it. The HITECH Act, which created the incentive program, did not cap meaningful use incentives, and many health-care providers are benefiting. Contact us today to see how our solutions, especially gloCare can help.

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