As of April 2014, more than 383,000 health care providers received payment for participating in the Medicare and Medicaid Electronic Health Record (EHR) Incentive Programs. In May 2013, CMS announced that more than half of all eligible health care providers had been paid under the Medicare and Medicaid EHR Incentive Programs. Read the press release here. In […]Read more
For the most part, many physicians expect the rise of incentive-based bonuses to benefit themselves and their patients, according to a survey by The Medicus Firm and MDLinx.com Career Center. The following portion of survey respondents believes incentive-based bonuses would have a “positive” effect on these five specific areas:
• Quality of patient care: 52 percent
• Patient […]
A survey put forth by the Deloitte Center for Health Solutions, the Deloitte 2013 Survey of U.S. Physicians, asked more than 600 physicians about the effectiveness of patient incentives. The survey found:
• 70 percent of survey respondents agreed that consumer incentives could be very helpful to achieve better treatment compliance.
• 55 percent of physicians agreed that […]
E-prescribing, or the electronic generation of a prescription and its routing to a pharmacy, is generally believed to improve health care quality and reduce costs. However, physicians were slow to embrace this technology until 2008, when Congress authorized e-prescribing incentives as part of the Medicare Improvements for Patients and Providers Act. E-prescribing data from Surescripts showed that […]Read more
While the average percentage of physicians receiving incentives for proactively managing patients with chronic conditions is approximately 20 percent, this ranges from just 11 percent in the US to 44 percent in Singapore.
A survey of 3,700 physicians in the eight countries showed that only one in five physicians, on average, receive incentives for proactively managing patients with chronic conditions, less than 20 percent for achieving clinical quality of care targets or enhanced preventative care, and only 10 percent or less for coordinating care with other organizations or […]Read more
In a survey of 3,700 physicians in eight countries, physicians were asked the main barriers to EMR adoption and health information exchange. Overall, when asked to rank the top five barriers, more than 40 percent of physicians identified “IT systems that can’t ‘talk’ to each other,” “concerns about privacy and security of data,” “cost” and “loss […]Read more
Companies are increasingly embracing health plan strategies that use financial incentives to hold providers accountable, growing from 25% this year to an expected 33% next year. 39% of employers believe that it is likely in 2014 providers will reimbursed based on improvements in quality, efficiency and health outcomes.
The federal government’s Medicare and Medicaid EHR incentive program has paid out just shy of $17 billion to date, as providers ready for Meaningful Use stage 2 attestation and policymakers start designing stage 3. As of the end of October, more than 430,000 eligible hospitals and professionals have achieved meaningful use, with 93 percent of […]Read more
We all know that under ObamaCare, providers are in the midst of a massive transtion from fee-for-service to fee-for-value. At the same time, accountable care organizations will create additional pressure for providers to manage patient risk tied to reimbursement. It would be an understatement to suggest that providers did not have the time or the […]Read more