In an effort to promote quality care and reduce expenses, the Affordable Care Act mandated payment reductions for hospitals with high rates of readmissions. Now it appears that nursing homes may also be held accountable for hospital readmissions.
The U.S. Department of Health and Human Services (HHS) 2014 budget proposal includes a package of Medicare legislative proposals that could save $371.0 billion over ten years. One recommendation included in the proposal would impose payment reductions to skilled nursing facilities for preventable hospital readmissions.
The HHS cites analysis by the Medicare Payment Advisory Commission which indicates that nearly 14 percent of individuals on Medicare discharged from a hospital to a skilled nursing setting are readmitted to the hospital for conditions that could potentially have been avoided. The HHS 2014 budget proposal recommends reducing payments by up to three percent for skilled nursing facilities that are determined to have high rates of preventable hospital readmissions. The proposed penalties would take effect in 2017, with an estimated $2.2 billion in savings over 10 years.
Financing Senior Living – Consumer Education, Health Care, Hearings, Medicaid, Medicare
Despite some improvement and fraud-fighting tools used by the Centers for Medicare and Medicaid Services (CMS), the country is still losing as much as...
cheatsheet, Disabilities, End of Life, Health and Wellness, Health Care, Managed Risk
End of life planning can be one of the most difficult discussions to have for any family, but deciding about that care when you are healthy can help t...
End of Life, Federal Agency Activity, Health and Wellness, Health Care
Think you’re too old to donate an organ? Think again! Any age is the right age to sign up to be an organ donor, says the Administration on Aging.
Federal Agency Activity, Health Care, Medicaid, Medicaid, Medicare
The Health and Human Services Department and the nation’s top attorney general said last week they have recovered a record-breaking $4.3 billion in ta...
Consumer Funding Resources, Featured Magazine Articles, Financing Senior Living – Consumer Education, Health Care, Long Term Care Insurance, Long Term Care Insurance Education, Public Policy, Senior Living Executive
How several senior living providers are partnering with health-care organizations for referrals and improved outcomes