Healthcare News & Insights

Readmissions: New penalties & current status of CMS initiative

Despite all the recent unrest over healthcare reform, readmissions penalties from the Centers for Medicare & Medicaid Services (CMS) are proceeding, full steam ahead. Under the Hospital Readmissions Reduction Program, thousands of hospitals are being penalized for their performance in keeping patients from returning to the hospital. 

Hospitals with high readmission rates stand to lose 3% of Medicare pay

Medicare’s Hospital Readmission Reduction Program goes into effect Oct. 1, 2012. And hospitals with high readmission rates can lose up to 3% of their regular Medicare reimbursements.