Glossary of Health Care and Medical Terms
In many cases,
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Eligible Hospital - Medicare is a hospital that qualifies for the HITECH Act EHR incentive program. Why is this important?
You know your clinical and administrative systems should be standardized and perhaps consolidated into a single electronic medical records solution. But you know that will involve a lot of time and expense.
The bad news is that the HITECH Act has already mandated that Medicare and Medicaid hospitals must transition to electronic medical records / EMR software.
The good news is that the HITECH Act, which is part of the American Recovery and Reinvestment Act (ARRA) has received funding to pay incentives to qualifying hospitals.
EHR Incentive Payment Calculation for Eligible Hospital - Medicare?:
(Details at Fact Sheet: Medicare EHR Incentive Program Final Rule Overview (July 16, 2010))
• Incentive Payment Amount equals [Initial Amount] x [Medicare Share] x [Transition Factor]
• o Initial Amount equals $2,000,000 + [$200 per discharge for the 1,150th – 23,000th discharge]
• o Medicare Share equals Medicare/(Total*Charges)
Who qualifies as an Eligible Hospital - Medicare?
- Subsection (d) hospitals in the 50 states or DC that are paid under the Inpatient Prospective Payment System (IPPS). Hospitals in Maryland may also participate per law.
- Critical Access Hospital (CAH)
- Medicare Advantage Affiliated hospitals (MA-Affiliated Hospitals)
If you're an Eligible Hospital - Medicare, I invite you to claim access to an informative
FREE Audio that will
OPEN YOUR EYES!
about Electronic Health Records
Is electronic health record adoption a mystery to you?
Don’t have the time or expertise?
Want to take advantage of EHR incentive money?
Then you need
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Also see: Eligible Provider