Meaningful Use Incentives and Penalties Calculator

Estimate hospital Medicare and Medicaid incentive payments or penalties for meaningful use

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Topics: Meaningful Use, Electronic Medical Records Strategy, Information Technology, Health Care Reform, Market Trends, Strategy, Payer and Regulatory Policy, Payer and Regulatory Policy, Revenue Cycle, Finance

Tool in Brief

Purpose

Evaluates incentives and/or penalties for a single acute care facility using the payment formula listed in the health IT provisions of the stimulus bill.

Suggested users

CFO, CIO, CEO, CMO, COO

Type of tool

Excel, calculator/forecaster

Key Information

Estimated completion time

Five minutes

Required inputs

Enter the following data points:

  • Total inpatient discharges
  • Total inpatient discharges attributable to Medicaid
  • Total inpatient days
  • Total Medicare inpatient days
  • Total Medicaid inpatient days
  • Total charges
  • Total charity care charges
  • Annual market basket update
  • Annual Medicare revenue

Tool outputs

  • Calculates the hospital’s annual and aggregate Medicare and Medicaid incentives for successfully demonstrating meaningful use
  • Calculates the annual and total penalties a hospital will face for failing to achieve meaningful use

Screenshot of the Meaningful Use Incentives and Penalties Calculator

 Meaningful Use Incentives and Penalties Calculator

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