Timing: EPs have to report at least 90 continuous days of data in calendar year 2013 to avoid penalties for Stage 1 noncompliance. The penalties would be levied in 2015 for 2013 data, because all penalties are on a two-year lag. In the second year of Stage 1 reporting, data must be reported for the whole year. EPs do not have to demonstrate Stage 2 compliance until 2014.
Explore this issue:June 2013
Payments: EPs who began participating last year can accumulate up to $44,000 total by 2015. Incentive payments drop each year and fade away by 2017. EPs cannot earn bonus payments in both the EHR Incentive and Electronic Prescribing Incentive programs.
How to avoid penalties: Meet the requirements. Qualify for an exemption as defined in CMS regulations.