Medicare Fines Record Number of Hospitals

Medicare is fining a record number of hospitals because they readmitted too many patients within 30 days for more treatment, according to federal records released this week.

During the next year, 2,610 hospitals will see their reimbursement levels reduced and 39 hospitals will be hit with the largest penalty allowed, according to Kaiser Health News.

The federal government’s penalties are designed to make hospitals pay more attention to their patients after they are discharged.

Readmissions rates are dropping but hospitals are still making adjustments as the penalty system begins its third year.

About 75 percent of all hospitals that fall under the program will have to pay anywhere from a hundredth of a percent to the maximum of 3 percent.

While 39 hospitals will pay the 3 percent maximum, another 496 will be lose at least 1 percent of their Medicare payments.