If meaningful use of an electronic health record (EHR) system is something your otolaryngology practice has not yet begun to tackle, Michael Koriwchak, MD, attending physician at Ear, Nose and Throat of Georgia in Atlanta and author of the blog “Wired EMR Practice,” has some welcome news: There’s still time.
Explore this issue:June 2013
The financial incentives set by the Centers for Medicare and Medicaid Services (CMS) EHR Incentive Programs—meaningful use—use bonus payments and financial penalties as a carrot-and-stick motivator to promote the use of EHRs in clinical care settings. Most of the country’s roughly 9,200 otolaryngologists are eligible for both the bonus and the censure, according to the American Academy of Otolaryngology-Head and Neck Surgery (AAO-HNS).
Otolaryngology practices that have not begun attempting to demonstrate meaningful use of EHRs must begin reporting data by October 1 of this year to meet a CMS regulation requiring 90 consecutive days of data. Eligible professionals (EPs) have until February 28, 2014 to register and attest to receive the incentive payment based on that data. Those who report on 2013 data will see a bonus of up to $12,000 per physician, while those who don’t report any data will face a 1 percent reduction in their Medicare Physician Fee Schedule (PFS) payments in 2015.