Medicare EHR Incentive Program (BONUS)

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Yes, there are penalties from CMS for not installing and using an electronic health records system in your practice or hospital by 2015. What many practitioners and office managers are unaware of are the bonus payments available to practices and hospitals for starting EHRs now.

As part of the 2010 Affordable Care Act, Medicare Eligible Professionals can receive up to $44,000 over five years, if they qualified in 2011. If an eligible practitioner is also practiticing in a Health Professional Shortage Area (HPSA), they receive are eligible to receive a 10-percent bonus payment.

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