Understanding Medicaid Incentives
The Health Information Technology for Economic and Clinical Health (HITECH) Act of 2009 allowed for the enactment of the Medicare and Medicaid Electronic Health Record Incentive Program through The Centers for Medicare and Medicaid Services (CMS).
According to the CMS website (https://www.cms.gov/EHRIncentivePrograms)
The Medicaid EHR Incentive Program will provide incentive payments to eligible professionals, eligible hospitals, and CAHs as they adopt, implement, upgrade, or demonstrate meaningful use of certified EHR technology in their first year of participation and demonstrate meaningful use for up to five remaining participation years.
Eligible professionals can receive up to $63,750 over the six years that they choose to participate in the program.
axiUm Certified Package is an ONC-ACB Certified, Comprehensive EHR System.
The Meaningful Use regulations required to obtain Federal Incentives are extensive and complex. From mandatory reporting requirements to potential exemptions, decoding the mystery can be a daunting and complex process.