MedeAnalytics, a leading provider of healthcare performance management
solutions, today released a white paper on one of the HITECH Act's
measures designed to motivate hospitals to become meaningful users of
electronic health records (EHRs): potential negative adjustments to
Medicare's market basket updates to the Inpatient Prospective Payment
System (IPPS).
“Much has been written about the economic 'carrots' of meaningful
use—the incentive payments for which hospitals may be eligible,
beginning this fall”
"Much has been written about the economic 'carrots' of meaningful
use—the incentive payments for which hospitals may be eligible,
beginning this fall," said Ken Perez, senior vice president of marketing
for MedeAnalytics. "Far less attention has been placed on the economic
'sticks'—the potential reductions to the annual updates to the
IPPS—which are the focus of this white paper and are just as
significant."
The proposed rule on the EHR incentive program requires hospitals to
report quality measures to Medicare and be meaningful users of EHRs.
Starting in 2015, failure to meet these criteria would result in
reductions to the market basket update. Since Medicare accounts for a
large share of most hospitals' revenues, the potential negative
adjustments constitute a major downside risk.
The complimentary white paper is available for download at the
MedeAnalytics Meaningful
Use Resource Center.
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