According to the most recent data released at CMS.gov, the Medicare incentive payments to physicians for the EHR Incentive programs dropped by over $168 million in May. Total payments for May were only $16,180,391, compared with $184,904,914 in April. In fact, the total payments issued in May were the lowest reported since July of last year, which was the third month in which payments were issued.
In May only 901 Eligible Professions received payments as compared to 13,523 in April. Take a look at the graph below and you’ll see how startling this decline is when compared to the trend that’s been established over the past 12 months.
It make sense that there could be some decline in May, due to seasonality if nothing else, but a 90% decline may be a sign of something else. I’d be very interested in reading your thoughts on why this might be happening in the comments section below.