Bottom line saving tip: Submitting the G-code is the pathway to avoiding a 2 percent Medicare penalty
The deadline for the 2013 eRx program is less than a month away. This is your final chance to submit electronic prescriptions and avoid a penalty of 2 percent on your Medicare reimbursement starting next year.
Do you think you have electronic prescriptions under control? Now is a good time to double check.
Even if your practice complied with electronic prescriptions for Meaningful Use and it is part of your routine – the Electronic Prescription mandate has separate reporting requirements.
Medicare requires 10 electronic prescriptions with corresponding G-code. Submitting the G-code is the critical piece – it notifies Medicare that you are properly using eRx. The days of this reporting period are dwindling with June 30th right around the corner, but there is still plenty of time to act.
For an outline of what needs to be done to avoid the penalty, visit http://www.cms.gov/Medicare/Quality-Initiatives-Patient-Assessment-Instruments/ERxIncentive/Downloads/2013SE13__eRx2014PaymentAdjustment_032613.pdf.
If you have questions, give us a call, 800-595-1906. We are experts in helping medical practices avoid unnecessary compliance penalties. The steps you take today can save you thousands of dollars next year.