In a Nov. 28 report, the Centers for Medicare & Medicaid Services announced that $692 million in electronic health record (EHR) incentive payments were distributed to eligible providers in October. Total payments, which began in 2011, have now reached $8.4 billion.
The CMS report indicates that to-date $2.84 billion in Medicaid or Medicare incentive payments have been made to more than 150,000 eligible professionals. The additional $5.38 billion in incentives were provided to more than 3,200 hospitals. CMS also reports that more than 19,000 new physician providers and 57 hospitals have registered for the EHR incentive program as of Oct. 2012.