Medicare Fines 2,610 Hospitals In Third Round Of Readmission Penalties

Did you know that Medicare is stepping up its efforts to reduce hospital readmissions? Last year, nearly 18 percent of Medicare patients (roughly 2 million patients) who had been hospitalized were readmitted within a month. This costs Medicare (and taxpayers) nearly $26 billion per year, of which $17 billion is considered avoidable. Fines over the next twelve months expect to reach $428 million, including a maximum penalty of 3% of reimbursements.Read More