
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