Readmission penalties to hit two-thirds of hospitals

September 10, 2012 Fierce Healthcare | By Karen Cheung-Larivee

Two-thirds of hospitals will see penalties in the coming weeks for higher-than-average readmissions, according to the Medicare Payment Advisory Commission (MedPAC).

Starting Oct. 1, hospitals will face up to a 1 percent penalty in 2013 for readmissions related to acute myocardial infarction, heart failure and pneumonia. In 2014, the penalty will go up to 2 percent and up to 3 percent in 2015, with four more conditions added to the list.

Sixty-seven percent of hospitals will face a penalty, averaging $125,000. A third (33 percent) will have no penalty, for instance, because they do not have enough cases. In aggregate, penalties will equal 0.24 percent of all inpatient payments in 2013.

READ MORE…

 

Testimonials

PowerHealth has done it again with the introduction of their OnDemand Platform for Healthcare: READY Answers to Finance, Revenue, OR/ED, Quality, and Physician Reporting are all at your fingertips! PowerHealth OnDemand is the most innovative solution available to healthcare providers. Bravo!

TriNet Healthcare Consulting

Our Partners

Connect With Us
+1(303) 683-8239
Copyright © 2017 PowerHealth OnDemand.
All Rights Reserved.
PowerHealth OnDemand is a registered trademark of PowerHealth OnDemand, LLC..
?

Please leave this field empty.

Name*:
Email*:
Phone:
How can we help you?*

*Required Field