Providers are encouraged to sign up for the 2024 Health Information Exchange Pay-for-Performance (HIE P4P) program before December 31, 2024, as this is the last year to earn an incentive payment with no withholding before the policy changes for the 2025 HIE P4P program.
Effective for dates of service on and after January 1, 2025, the HIE P4P program will implement a 1.5 percent withhold on all inpatient and outpatient fee-for-service claims for non-psychiatric hospitals. Psychiatric hospitals will be subject to a 1 percent withhold.
ForwardHealth will use this new withhold to fund the HIE P4P program and create additional incentive for hospitals to participate in the program in the long term.
Refer to ForwardHealth Update 2024-27, 2025 Health Information Exchange Pay-for-Performance Program Update, for more information on the 2025 HIE P4P program.
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