Introduction:
PQRI stands for Physician Quality Reporting Initiative that incentivizes physicians and non-physician practitioners. It was started in 2006 by the Centers for Medicare and Medicaid Services (CMS) to encourage healthcare providers to report quality measures to their patients.
How it works for Electronic Prescribing (E-Prescribing) Incentive Programs:
PQRI offers a financial incentive to qualified healthcare providers who successfully report specific quality data to CMS through designated reporting mechanisms. By successfully submitting electronic prescribing data, healthcare providers can earn incentives up to 2% of their service charges.
Principles for coding and reporting:
Healthcare providers can earn incentives through PQRI by using certain codes for their quality data when they report such data to CMS.
Benefits of PQRI:
By participating in PQRI, healthcare providers can improve patient outcomes while receiving incentives for their efforts. It offers financial incentives to qualified healthcare professionals who report quality measures and use certified EHR technology.
FAQ:
Q: Who is eligible for PQRI?
A: Physicians and other healthcare professionals who participate in Medicare Part B are eligible for PQRI.
Q: How much can healthcare providers earn through PQRI?
A: Healthcare providers can earn up to 2% of their service charges by participating in PQRI.
Final thoughts:
PQRI is a great initiative that promotes healthcare providers to report quality measures to their patients. It is a win-win for both healthcare providers and patients alike as it improves patient outcomes while giving financial incentives to healthcare providers.
