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The Economic Sticks

By MedeAnalytics

The HITECH Act specifies both economic carrots and sticks in future years to motivate hospitals to meaningfully use electronic health records (EHRs).

The Sticks

Economic sticks are negative adjustments to Medicare’s market basket update to the Inpatient Prospective Payment System (IPPS), with adjustments pertaining to meaningful use of EHRs and quality measure reporting and constitute a major financial downside risk for hospitals.

Assessment

Read this whitepaper to find out how your organization may be effected by these economic sticks and to prepare for the scheduled adjustments to these incentives and penalties.

Meaningful Use

Conclusion

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Filed under: Alerts Sign-Up, Health Law & Policy, Information Technology, Practice Management | Tagged: ARRA, EHRs, EMRs, HITECH, IPPS, Ken Perez, meaningful use | 10 Comments »