8. The $1.7M Opportunity of EHR $50,000 PQRI Financial Incentives $1,769,835 Total $360,000 In-House Pharmacy Revenue $500,000 Clinical Trial Revenue $250,000 Tax Incentive $44,000/$63,750 Medicare/Medicaid Stimulus $6,000 E-Prescribe Stimulus (2009-2010) $25,000 Malpractice Liability Insurance Discount $210,000 More Revenue Through Better Coding $216,300/$324,835 Practice Process Improvements Average Dollars Per Physician over 5 years Type of Cost Savings/New Revenue
9.
10.
11.
12. Medicare Eligible Professional Incentives for Meaningful Use of Certified EHR ’ 09-10 Learn/ Install $18k 2011 2012 $12k $8k 2013 $4k $2k 2014 2015 Cumulative Annual Penalty Up to $44k per provider Physician must charge > $24K Medicare Part B in year one to hit max incentive * If <75% of physicians have “meaningful use” by 2018, HHS has provisions in the law to allow increases to the penalties up to a max of 5%. 3% 2017 and after 2% 2016 1% If Physician is e-prescriber 2% If Physician is not e-prescriber 2015 Medicare Penalties Calendar Year
13.
14. Medicaid Eligible Professional Incentives for Meaningful Use of a Certified EHR Medicaid Penalties for No EHR *The Stimulus Package states Medicaid incentives could start as early as 2010 *Medicaid Incentives up to $63,750 for Uninsured, Rural, FQHC and Low-Income Providers/Eligible Professionals with a 30% Medicaid “population” or Pediatricians with at least a 20% Medicaid “population” . Pediatricians below 30% may be reimbursed at 2/3’s ($42,075) of the total allowable incentive. 2015 0% Penalty Reductions