Just a friendly reminder from the American Medical Association (AMA): June 30, 2012, is the deadline for physicians to report on at least 10 electronic scripts to avoid the 2013 Medicare ePrescribing program penalty.
In November 2011, CMS released the final regulation on the 2013 Medicare ePrescribing penalty program. The penalty for not successfully participating in the program, or not filing for an exemption on time, is a 1.5 percent payment reduction for all Medicare claims based on the 2013 fee schedule amounts during the year.
Physicians who are not able to meet the requirements of the program should apply for a hardship exemption applicable to their particular case before the deadline. Exemption information is available at http://tinyurl.com/3nxthe5.
“While we do not think physicians are being given enough time to comply with the Medicare ePrescribing program, we want to make them aware of the upcoming ePrescribing deadline so they can take steps now to prevent being hit with the 2013 penalty,” says Cecil B. Wilson, M.D., AMA immediate past-president.
Learn more about the ePrescribing penalty and the reporting requirements at www.ama-assn.org.