Understanding Meaningful Use Penalties in 2015

///Understanding Meaningful Use Penalties in 2015

Understanding Meaningful Use Penalties in 2015

Starting in 2015, all eligible providers who have not attested to meaningful use of their EHRs for 2014 will encounter a 1% penalty on their Medicare reimbursement. Penalties will continue to increase to 2% in 2016 and 3% in 2017. Eligible providers currently enrolled in the program must attest for 2014 by Feb. 28, 2015, to avoid the 2015 penalty.

Unfortunately, the deadline for a hardship waiver for 2014 reporting has already passed, but providers who anticipate their failure to meet requirements for 2015 can apply for a hardship waiver to avoid penalties in 2016. The deadline for filing a hardship exemption to avoid 2016 penalties is July 2015.

If you haven’t signed up yet, you may still be able to avoid 2015 penalties. CMS has stated that it will grant a waiver of the 2015 penalties for providers who act in urgency and sign up this year, but providers will need to verify this upon sign-up.

By | 2015-03-17T05:40:53+00:00 December 18th, 2014|Articles, EHR / Meaningful Use|0 Comments