Medicare to begin penalizing hospitals
Medicare will begin penalizing hospitals in the fiscal year starting Oct. 1 because their readmission rates for patients with heart failure, heart attack or pneumonia were too high. The maximum penalty is 1 percent. Of 16 hospitals in D.C. and Northern Virginia, only three were not penalized. If a hospital has a penalty of 0.8 percent, Medicare would reduce each claim for base reimbursement by that amount. Read related article.
* The total penalty for all Inova hospitals is $259,000 | Note: The penalties do not apply to Maryland hospitals because the state has a unique arrangement with Medicare | Sources: Center for Medicare and Medicaid Services, hospitals, D.C. officials. | The Washington Post.