Those hospitals still not meaningfully using certified electronic health record technology will be subject to a payment adjustment starting Oct. 1, 2016, the Centers for Medicare and Medicaid Services announced Friday.
The adjustment takes the form of a reduced applicable increase to their Inpatient Prospective Payment System rate, according to CMS. It’s tied to the reporting period of specific fiscal years.
The good news is that 98 percent of eligible hospitals and critical access hospitals nationwide have by now successfully demonstrated either Stage 1 or Stage 2 meaningful use.
For those that still haven’t, hospital payment adjustments by reporting year are as follows: a 25 percent decrease for 2015 (2013 reporting period); a 50 percent decrease for 2016 (2014 reporting period); a 75 percent decrease for 2017 and beyond (2015 reporting period). For the full article click here
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