Tag Archives: affordable healthcare act
April 14th, 2013 | 0
In 2010 the Affordable Health Care Act was enacted and the process of moving toward full implementation of the Act began. In 2012, the CMS 30 Day Readmission Policy began to be enforced, penalizing thousands of hospitals for readmission of certain patients within a 30 day period. According to CMS.gov, penalty applies to readmissions of patients who had previously been admitted with Acute Myocardial Infection, Heart Failure, or Pneumonia. This penalty, a reduction in reimbursement by Medicare, up to 1%, cost hospitals hundreds of thousands of dollars but some assert that the goal of the policy, to improve follow up healthcare by hospitals to prevent necessary returns by patients, is being achieved as the percentage of readmissions nationwide dropped to 17.8% from the stagnant 19% it had been for several years.Continue Reading
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