Monday, August 27, 2012

The Penalties Are Coming


By Steve Moran
According to Kaiser Health News beginning October 2012, more than 2,000 hospitals will see a penalty of up to 1% for excessive re-admissions. Current statistics show that 1 in 5 Medicare residents are readmitted within 30 days of discharge. This is bad for the patients and expensive for all of us.

Next year the penalty rate will increase to a maximum of 2% and then go to 3% the following year.

This is the time for assisted living and skilled nursing communities to be very aggressive in developing new partnerships with hospitals to help them reduce or keep these numbers low.

You can read the article here.

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