1. Short title This Act may be cited as the Putting Patients and Providers Ahead of Compressed Regulatory Timelines Act of 2017 . 2. Sunsetting certain penalties relating to meaningful EHR use (a) Eligible professionals (1) In general Section 1848(a)(7) of the Social Security Act ( 42 U.S.C. 1395w–4(a)(7) ) is amended by striking subparagraph (A). (2) Effective date; rebate (A) Effective date The amendment made by paragraph (1) shall apply with respect to items and services furnished on or after January 1, 2015. (B) Rebate With respect to items and services furnished during the period beginning on January 1, 2015, and ending on the date of the enactment of this Act, the Secretary of Health and Human Services shall implement a method to provide eligible professionals (as defined in section 1848(o)(5)(C) of the Social Security Act ( 42 U.S.C. 1395w–4(o)(5)(C) )) a reimbursement equal to the amount by which— (i) the amount of reimbursement made under section 1848 of such Act ( 42 U.S.C. 1395w–4 ), before application of this subsection, for such items and services furnished during such period by such professionals, is less than (ii) the amount of reimbursement that would have been made under such section, after application of this subsection, for such items and services furnished by such professionals during such period. (b) Eligible hospitals (1) In general Section 1886(b)(3)(B) of the Social Security Act ( 42 U.S.C. 1395ww(b)(3)(B) ) is amended by striking clause (ix). (2) Effective date