FAQ - Federal Stimulus
Healthcare IT Incentives

 

 

How do I know if my practice is eligible?
Any practice using any of our Electronic Software Records (EMR) software programs by January 1, 2011 and meets the Department of Health and Human Services criteria for "Meaningful Use" eligibility will qualify.  The final rules to support Meaningful Use criteria became effective July 13, 2010.  
Complete Healthcare Solutions offers several EMR options that will assist your practice in successfully meeting these qualifications.

 

How much funding is available for health care IT through the American Recovery and Reinvestment Act?
Up to $44,000 will be available through Medicare OR $64,000 through Medicaid to most physicians who qualify.  Funds will be dispersed over five years starting in 2011.  Some qualifications and restrictions apply.

 

How will funds be dispersed?
EMR funds are available through both Medicare and Medicaid programs, structured as reimbursements, but providers and hospitals cannot receive both.

 

When will the funds be available?
Please see chart below:

 

First Year Claim	Incentive Amount, 2011	Incentive Amount, 2012	Incentive Amount, 2013	Incentive Amount, 2014	Incentive Amount, 2015	Incentive Amount, 2016	Incentive Amount, 2017	Total
2011	$18,000	$12,000	$8,000	$4,000	$2,000	-	-	$44,000
2012		$18,000	$12,000	$8,000	$4,000	$2,000	-	$44,000
2013			$15,000	$12,000	$8,000	$4,000	-	$39,000
2014				$12,000	$8,000	$4,000	-	$24,000
No incentives for EMR adoption after 2014
2015	1% reduction in Medicare Fee Schedule
2016	2% reduction in Medicare Fee Schedule
2017	3% reduction in Medicare Fee Schedule
2018	From 2018 and beyond, penalties are at the discretion of the Secretary of Health and Human Services

 

Do you offer supporting products that I will need to become eligible for incentives?
Yes!  You will need a Practice Management and/or Billing application along with an Electronic Medical Record system to qualify.  We will work side-by-side with you to integrate all of these systems together with a highly specialized support team.  Our experienced specialists will be able to install, train and support you and your staff to get you up and running quickly with minimal disruption to your practice.