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HFMA News - Medicare Quality Reporting Initiative Pays More than $36 Million to Participating Physicians for 2007

HFMA NEWS


Thursday, July 17, 2008
Medicare Quality Reporting Initiative Pays More than $36 Million to Participating Physicians for 2007

CMS on July 16 announced payment of more than $36 million in bonus payments to many of the more than 56,700 health professionals who satisfactorily reported quality information to Medicare under the 2007 Physician Quality Reporting Initiative (PQRI).

Physicians, physician group practices, and other PQRI eligible professionals should receive their payments by August 2008. The average incentive amount for individual professionals is more than $600; average incentive payment for a physician group practice is more than $4,700, with the largest payment to a physician group practice totaling more than $205,700. Read the press release.

posted on 7/17/2008 7:26:31 AM (CST)  Permalink