At Cyclops we are committed to keeping you updated on the latest news and impact that the stimulus package will have your practices.

• The Government is committed to influencing the adoption of electronic health care records by all physicians
• Financial incentives will be available to optometrists that use a certified EHR through reimbursement for claims submitted to Medicare and Medicaid.
• Although the levels of incentives are specified, the formula for paying those
  incentives has not yet been determined.
• EHR certification for Eyecare is currently undefined.

Medicare Incentives

Beginning in 2011 physicians who are meaningful users of a Certified EMR/EHR technology will be eligible to receive up to $44,000.00 paid out over a five-year period in the form of incentive payments through Medicare reimbursements. Medicare incentives are based on “meaningful use” and are not tied to the actual cost of acquiring or maintaining EHR software.

According to the Centers for Medicare and Medicare Services, the incentive payment is equal to 75% of Medicare allowable charges for covered services furnished by the eligible provider in a year, subject to maximum payments in years 1-5.