10 states where most hospitals face Medicare readmission penalties

CMS is penalizing the majority of the nations’ hospitals — 2,592 hospitals — for excess 30-day readmissions by shaving off a portion of their Medicare reimbursements. In the fourth year of the Hospital Readmissions Reduction Program, created under the Affordable Care Act, the hospitals subject to penalties will lose a combined $420 million, according to Kaiser Health News.

Advertisement

Each penalized hospital will see their Medicare payments cut anywhere between 0.01 percent to 3 percent. While nearly all states contain hospitals subject to penalties, some states have notably higher proportions.

The following 9 states and Washington, D.C., have the highest percentage of hospitals subject to penalties.

1. New Jersey — 97 percent of the state’s hospitals will see Medicare payment cuts.

2. Connecticut — 90 percent

3. Florida — 81 percent

4. Virginia — 80 percent

5. Alabama — 79 percent

6. Massachusetts — 78 percent

7. District of Columbia — 78 percent

8. New York — 77 percent

9. South Carolina — 75 percent

10. Rhode Island — 75 percent

For more information on the Hospital Readmissions Reduction Program, click here.

More articles on finance:
OIG: Providers banned from Medicaid still received $7.4M in payments
CFOs believe healthcare costs are biggest threat to earnings, survey finds
Fitch affirms Community Health Systems’ ‘B+’ rating

 

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.