The $65,000 question — Will your practice get all it can from Medicare/Medicaid incentives?
Abstract: The Health Information Technology for Economic and Clinical Health Act (HITECH) has significantly increased the potential return physicians may receive from either Medicare or Medicaid, depending on their payor mix. But to get the most from this opportunity, practice leaders will need to stay on top of the details. This article discusses participation criteria, along with details concerning Medicare incentives, HIPAA privacy rules, and penalties on physicians who don’t meet the “meaningful user” criteria. Medicare and Medicaid payment schedules for the coming years are provided.