Medicare Looks to Make Money with New Change
Starting Monday, Medicare is modifying the way it does business with hospitals in an attempt to make a little more money and improve efficiency.
FOX News Radio’s Sal Giangrasso reports:
Some changes in the way Medicare deals with hospitals, in the hopes that fewer patients will return after they’re discharged. Medicare will start imposing financial penalties on hospitals that have too many patients readmitted within 30 days of discharge because of complications.
In response, hospitals are working on ways to improve communication with rehab centers and doctors in their communities. The government estimates about 2/3 of hospitals serving Medicare patients will be hit with penalties, averaging around $125,000 per facility this coming year.
Sal Giangrasso, FOX News Radio.
