Feb. 29 also is thedeadline to submit any pending Medicare Part B claims from 2011, as the Centers for Medicare & Medicaid Services (CMS) allows 60 days after Dec. 31, 2011, for all pending claims to be processed.
Medicare EHR incentive payments — you can earn up $18,000 for 2011 — are based on 75 percent of the Part B allowed charges for covered professional services during the entire payment year. So if Medicare paid you $24,000 or more during the year and you attest to meeting the meaningful-use requirements, you will have earned the maximum incentive for 2011. Incentive payments typically arrive four to eight weeks after attestation.
If you did not meet the $24,000 threshold in Part B allowed charges by the end of 2011, you will receive an incentive payment for 75 percent of your 2011 allowed charges; you can expect to receive this payment in April 2012, according to CMS.
Physicians needing help with the EHR incentive program should use the regional extension centers that received federal grants to subsidize their consulting rates for primary care physicians. Details about eligibility and contact information are available on the TMA website at www.texmed.org/rec.
Visit the CMS EHR Incentive Programs website for the latest news and updates. Questions? Contact TMA’s HIT Helpline at (800) 880-5720 or HIT@texmed.org, or visit www.texmed.org/EHRIncentive.
Published Jan. 27, 2012
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