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The editorial team at Bloomberg BNA's Health Law Resource Center™ has released a complimentary report, Meaningful Use: Stage 2 vs. Stage 1, providing guidance on the Medicare and Medicaid Meaningful Use electronic health records requirements and the differences between the first and second Stages of the rule.
This report provides critical information needed to understand the expansion and changes from Stage 1 to Stage 2 of the Meaningful Use requirement, the steps necessary to qualify for incentives, and any pertinent deadlines, including:
• Two charts comparing the Stage 2 and Stage 1 Core and Menu Objectives - one for eligible providers, and one for hospitals and critical access hospitals.
• A complete view of the Stage 2 Objectives, the related Stage 1 Objectives, and the measurement requirements for each, with helpful explanations.
• A summary of the critical differences and implementation deadlines between the two Stages.
• Detailed and helpful analysis from leading experts and Bloomberg BNA's experienced editorial staff.
"As the requirements around Meaningful Use have evolved with the Stage 2 rules, we realize that hospitals and health care providers need sound, clear guidance on what these changes mean to their businesses and practices, and how they can comply in a timely, efficient manner to get the most out of the incentives of interoperable health care records," said Lisa Rockelli, Managing Editor of Bloomberg BNA's Health IT Law & Industry Report. "What's more, as the Office of the National Coordinator for Health IT has outlined, the end goal of this measure is improving patient care through the understandings garnered with the capture of this information. To that end, this report provides timely and relevant guidance."
With the potential for substantial incentives for complying and with Stage 3 of the Meaningful Use requirements set to be finalized in 2013, hospitals and providers need a keen grasp on the first two stages, and the variances between them, to move forward. For 2011, the first year of the Meaningful Use incentives program, Medicaid payments to hospitals and eligible providers (EPs) totaled about $2.7 billion, with $1.7 billion going to hospitals. These incentives will likely increase as more and more hospitals and EP's learn to correctly apply the thresholds of the rules.
"Our editorial team saw a need to create value to our customers with the expanding requirements in Health IT and created the Health IT Law & Industry Report in 2010 specifically to track this important area of health law," said Scott Falk, Executive Editor of Bloomberg BNA's Healthcare Division. "What's more, we have relationships with some of the foremost practitioners in this area and are proud to bring a sample of those relationships with this report."
About Bloomberg BNA
Bloomberg BNA, a wholly owned subsidiary of Bloomberg is a leading source of legal, regulatory, and business information for professionals. Its network of more than 2,500 reporters, correspondents, and leading practitioners delivers expert analysis, news, practice tools, and guidance - the information that matters most to professionals. Bloomberg BNA's authoritative coverage spans the full range of legal practice areas, including tax & accounting, labor & employment, intellectual property, banking & securities, employee benefits, health care, privacy & data security, human resources, and environment, health & safety. www.bna.com
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