Excess Readmissions Mean Lower Medicare Reimbursement Rates for More than 2,000 Hospitals, Including 131 in Florida
By George F. Indest III, J.D., M.P.A., LL.M., Board Certified by The Florida Bar in Health Law
Lower Medicare reimbursement rates are coming in October of 2012, to 2,211 hospitals around the country, including 131 in Florida. This is allegedly due to excessive readmission rates in these hospitals between July 2008 and June 2011, according to the Centers for Medicare and Medicaid Services (CMS). This story was originally reported by Kaiser Health News on August 13, 2012, and by other sources.
To read more on the readmissions reduction program, click here.
Starting in October 2012, Millions of Dollars in Penalties will be Deducted from Medicare Reimbursements.
Starting October 1, 2012, penalties will be deducted from Medicare reimbursements each time a hospital submits a claim.
All together these hospitals will give up about $280 million […]