Meaningful Use Incentive and Penalty Scenarios: Medicare
CMS recently released its attestation data from the meaningful use (MU) program, generating widespread speculation about MU dropout rates and the future of attestation trends. Dropout rates from Year 1 to Year 2 for Medicare are roughly 17%, and surveys have indicated that about 15% of providers do not plan to attest in Stage 2. Given these statistics, providers should consider how skipping an attestation year could lead to future penalties and diminished incentives.
Guide to Medicare Penalty and Incentive Rules
MU incentives are paid soon after completing attestation, often in the same year. However, penalties are implemented with a lag of 2 years through 2017. So, dropping out in 2013 means an eligible professional (EP) will see a penalty in 2015. And not starting at all by 2014 means an EP will see penalties in both 2015 and 2016 (as a result of not attesting in 2013 and 2014 respectively). This creates dozens of incentive/penalty permutations across the Medicare award years.
Read more: ECGMC