Medical Societies Bracing For Medicare Penalties

Medscape: Medical Societies See 'Imminent Storm' of Medicare Penalties
After earning hundreds of millions of dollars through Medicare incentive programs designed to improve the quality of care and hold down costs, the medical profession now worries about the flip side of bonuses — financial penalties from all angles.Thousands of physicians learned about the first of the penalties earlier this year when they received a letter stating that Medicare would reduce their reimbursement in 2012 by 1% for not electronically prescribing in the first half of 2011 (Lowes, 4/16).

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