You're watching...
Hospitals Faced with New Tax
Details
-
Description
FBN's Adam Shapiro on Medicare fining hospitals with too many readmitted patients.
- Duration 1:23
- Date Oct 1, 2012
You're watching...
FBN's Adam Shapiro on Medicare fining hospitals with too many readmitted patients.
Also in this playlist...
Auto-advance: ON
Auto-advanceThis transcript is automatically generated
Can hit him -- new fallout for hospital companies in the -- of us president Obama's health Carol -- -- Shapiro now with more.
Which -- about the hospital readmission is reduction program part of the patient protection and affordable health care act.
Starting today hospitals.
Which have a re admission rate for patients who've had heart attacks heart failure or pneumonia.
If that re admission rate is higher than the national average.
Than those hospitals will be find in fiscal year 2013 as much as what percent 20142%.
Up to 3% in 2015.
In the find is actually the withholding.
Of Medicare reimbursements.
That a hospital association.
Is worried that part of this is going to be misleading because some patients elderly patients don't understand their discharge orders or fail to see a primary care doctor and that explains some of the readmission rates.
But the Sanders for medical.
And Medicare and Medicaid Services says this will save US taxpayers just this year.
Roughly 270 million dollars and the CBO.
Said that it would save taxpayers seven point one billion dollars by 2019.
It's gonna force hospitals.
To make those discharge orders Connell and -- a lot easier to understand but again this only applies to re -- for heart attack heart failure and pneumonia at this point.
Have thank you so much.