Entries Tagged 'Incentives' ↓
October 28th, 2009 — Incentives
One of the barriers in the swift adoption of electronic prescribing is the high switching cost associated with migrating from paper to e-format, but several studies have shown the investment is worth the potential savings in the future.
A study based on e-prescribing in Massachusetts found that doctors who used e-prescribing systems could save $0.70 per patient per month, which translates to $845,000 annually per 100,000 insured patients filling prescriptions.
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September 23rd, 2009 — Incentives
In its bid to entice more providers to shift to electronic prescribing, the Centers for Medicare and Medicaid Services (CMS) has started this year incentive payments of up to 2 percent to physicians and other eligible professionals who use the technology
| |
2009
|
2010
|
2011
|
2012
|
2013
|
Beyond
|
| Incentive |
2%
|
2%
|
1%
|
1%
|
0.5%
|
None
|
| Penalty |
None
|
None
|
None
|
1%
|
1.5%
|
2% |
For 2009, to be a “successful e-prescriber,” eligible professionals must report the e-prescribing quality measure through their Medicare Part B claims on at least 50 percent of applicable cases during the reporting year.
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