The number of physicians who will see their Medicare payments reduced by the Centers for Medicare & Medicaid Services (CMS) will fall in 2017; however, the amount of the adjustment for those who do qualify (because they do not meet the “Meaningful Use” guidelines) will be increasing from the current penalty of 2% to 3%. The number of providers receiving the lower reimbursement amount is on a downward trend (260,000 in 2015 versus 210,000 this year), but for those who are penalized, it will be a larger amount - even though the government has worked towards allowing more practices to apply for the exemptions.
The “meaningful use” provision allows practices to apply for CMS allowances due to:
Infrastructure challenges (Insufficient access to the Internet or certified technology)
“Extreme and uncontrollable circumstances” (Natural disasters, etc.)
CEO, Founder & AI Architect, Petronella Technology Group
Craig Petronella founded Petronella Technology Group in 2002 and has spent 20+ years professionally at the intersection of cybersecurity, AI, compliance, and digital forensics. He holds the CMMC Registered Practitioner credential issued by the Cyber AB and leads Petronella as a CMMC-AB Registered Provider Organization (RPO #1449). Craig is an NC Licensed Digital Forensics Examiner (License #604180-DFE) and completed MIT Professional Education programs in AI, Blockchain, and Cybersecurity. He also holds CompTIA Security+, CCNA, and Hyperledger certifications.
He is an Amazon #1 Best-Selling Author of 15+ books on cybersecurity and compliance, host of the Encrypted Ambition podcast (95+ episodes on Apple Podcasts, Spotify, and Amazon), and a cybersecurity keynote speaker with 200+ engagements at conferences, law firms, and corporate boardrooms. Craig serves as Contributing Editor for Cybersecurity at NC Triangle Attorney at Law Magazine and is a guest lecturer at NCCU School of Law. He has served as a digital forensics expert witness in federal and state court cases involving cybercrime, cryptocurrency fraud, SIM-swap attacks, and data breaches.
Under his leadership, Petronella Technology Group has served hundreds of regulated SMB clients across NC and the southeast since 2002, earned a BBB A+ rating every year since 2003, and been featured as a cybersecurity authority on CBS, ABC, NBC, FOX, and WRAL. The company leverages SOC 2 Type II certified platforms and specializes in AI implementation, managed cybersecurity, CMMC/HIPAA/SOC 2 compliance, and digital forensics for businesses across the United States.