As we mentioned in a previous post called The Clock Is Ticking, Will You Make It?, time is running out for those wanting to attest for Meaningful Use.
Failing to do so could have a larger impact that you realize. The penalty for not attesting will result a 1% loss to Medicare reimbursements starting January 1, 2015, but it doesn’t stop there. These adjustments will continue year after year until you reach a whopping 5% annual adjustment. Once these penalties are assessed, they cannot be undone. The best you can do is stop the penalties from compounding by starting your Meaningful Use attestation this year.
Synergy HealthCare Technologies specializes in assisting with Meaningful Use attestations. If you require assistance starting, or completing your attestation for MU, please contact us to see how we can help you make the most of your business.