Is Your Practice Eligible For MIPPA Incentives - or Penalties?
With benefits like shorter prescription processing and reduced risk of adverse drug reactions, doctors are doing away with paper prescriptions and turning to e-prescribing instead. And a host of programs like Medicare Improvements For Patients And Providers Act (MIPPA) incentives pay them to do so!
MIPPA offers your practice a cash incentive to start e-prescribing today, based on a percentage of your Medicare payment claims. Be warned, however, that MIPPA also includes penalties if you aren't e-prescribing by 2012! So, each year you put off deploying e-prescribing at your practice is another year closer to MIPPA penalties - and another lost year of MIPPA incentives. See the incentive and penalty breakdown below.
MIPPA Incentives Breakdown By Year:
|Receive incentive check equaling 1% of your Medicare claims.||Receive incentive check equaling 1% of your Medicare claims.||Receive incentive check equaling 1/2% of your Medicare claims.|
MIPPA Penalties Breakdown By Year:
|2012||2013||2014 and beyond|
|1% Medicare payment reduction.||1.5% Medicare payment reduction.||2.0% Medicare payment reduction.|
Do the math – you earn more incentive checks the sooner you get in!
If your practice uses a qualified e-prescribing solution such as Rcopia from DrFirst and sees Medicare patients, you can start receiving MIPPA bonus payments this year, and every year until 2014.
But wait…won't an investment in e-prescribing software swallow up any MIPPA incentive check? Why not just wait closer to the penalties deadline before e-prescribing? The answer is e-prescribing is so affordable, it just doesn't make sense to wait another year before applying for MIPPA incentives.
Earn incentives with Rcopia e-prescribing
At just $2 a day, Rcopia can cost less than a week's rent for your office – and works out to a fraction of a typical MIPPA incentives check! What's more, Rcopia cuts prescription processing to two minutes or less, and renewal requests to less than ten seconds.
- E-prescribing and patient medication history in one software
- Qualifies for MIPPA incentive checks, avoid MIPPA penalties
- Costs only $2 a day – free training and no hidden fees!
Rcopia is designed to help medical practices embrace e-prescribing, the same goal as the MIPPA incentives program. See Rcopia in action in a real medical office!
- Speeds up instead of slows daily routine
- Cuts prescription time to two minutes or less
- E-prescribing expertise on the way! A single short training session is all it takes to learn the Rcopia basics. In a week or two, you'll be flying through electronic prescriptions!
Get both MIPPA and Medicaid Incentives with Rcopia-MU
Does your practice accept both Medicare and Medicaid patients? If so, for only $7 more a day, you can qualify for both MIPPA and Meaningful Use Medicaid incentives - with Rcopia-MU, DrFirst's enhanced version of the Rcopia e-prescribing software. Rcopia-MU meets all 25 Meaningful Use objectives, which users can visibly track in Rcopia-MU to claim their Meaningful Use incentive funds – up to $21K this year alone!
Complete the form above to have a DrFirst representative contact you for a free consultation!
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