The American Medical Association sent out a reminder this past Friday, May 4th, notifying its physicians of the June 30, 2012 deadline for reporting on at least ten electronic prescriptions in order to avoid the 2013 Medicare reimbursement penalties.
The Centers for Medicare & Medicaid Services (CMS) released the final regulation regarding the 2013 Medicare e-prescribing penalty program last November; physicians who do not report at least ten e-prescribing encounters on claims for eligible services, or file for a hardship exemption, will be faced with a 1.5% payment reduction for all Medicare claims based on the 2013 fee schedule amounts during that calendar year. Cecil B. Wilson, M.D., immediate past-president of the AMA, said in the reminder that “while we do not think physicians are being given enough time to comply with the Medicare e-prescribing program, we want to make them aware of the upcoming e-prescribing deadline so they can take steps now to prevent being hit with the 2013 penalty.”
An Electronic Health Records (EHR) system like Medisoft Clinical, Lytec MD, McKesson Practice Choice, or Allscripts MyWay can facilitate the e-prescribing process and aid in reporting. Microwize Technology can help.
Medisoft products provide the features necessary to help physicians and billing services with their insurance claims and billing, all at an amazingly affordable price.
Lytec is designed to help you more effectively manage your accounts receivable, as well as track authorizations and inventory.
Allscripts MyWay offers an intelligent, comprehensive “right-sized” electronic medical records (EMR) and practice management solution.
Practice Partner Patient Records provides a host of innovative tools to improve both office and clinical efficiency, while helping to improve quality of care.