The Centers for Medicare & Medicaid Services on Friday issued a new fact sheet on the 2017 Meaningful Use payment adjustment for eligible hospitals.
Eligible hospitals in the Medicare incentive program that fail to meet Meaningful Use are subject to a payment adjustment beginning Oct. 1, 2016. The adjustment is a reduction in the applicable percentage increase to a hospital’s inpatient prospective payment system rate. The percentage decrease was 25 percent in 2015 for the 2013 reporting period; it is 50 percent in 2016 for the 2014 reporting period and 75 percent for 2017 and beyond for the 2015 reporting period.
According to CMS, 98 percent of eligible hospitals and critical access hospitals in the U.S. have successfully demonstrated Meaningful Use at either Stage 1 or 2.