REPORT: 257,000 Medicare Eligible Professionals (EPs) Hit With Penalty to Their Medicare Physician Fee Schedule Payments

FierceEMR’s Dan Bowman reports that a CMS official stated during a press call on Wednesday, December 17th that “roughly 257,000 Medicare eligible professionals (EPs) will be hit with a 1 percent penalty to their Medicare Physician Fee Schedule payments beginning Jan. 5, 2015, for failing to meet Meaningful Use by Oct. 1, 2014”.  The report continues, stating of “those 257,000 EPs, 28,000 will receive a 2 percent penalty for failing to meet an e-prescribing threshold”.  The report also states that beginning this week “CMS is mailing letters out to those EPs affected by the penalty. The letters will contain instructions for the EPs to apply for further consideration; those considerations can be sent to CMS through the end of February. The instructions also will be posted to CMS' website.”

View more information and the full story from FierceEMR.

HIMSSMeaningful Use