Hospitals Face Average $2,523 Per-Bed Medicare Penalty For Readmissions & Low Patient Satisfaction

In federal fiscal year 2013, hospitals may face Medicare reimbursement penalties averaging an estimated $2,523 per-bed under the Medicare Value-Based Purchasing program and readmission penalty provisions in the Patient Protection and Affordable Care Act, according to a recent report from CipherHealth, LLC. Nationally, hospitals could lose $1.6 billion in Medicare reimbursements if their 30-day readmission rate is too high and their patient satisfaction and quality of care scores on the Hospital Consumer Assessment of Healthcare Providers and Systems (HCAHPS) are too low. These are findings of a report, “The Per Bed Risk View; A New . . .