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80% of NY hospitals face Medicare reimbursement penalties

By WRVO  
   October 14, 2014

Eighty percent of hospitals in New York state face penalties based on the number of Medicare patients that are readmitted into their care. The federal government wants to reduce the number of avoidable hospital readmissions. This is the third year Medicare will cut reimbursements to hospitals based on the number of patients who have to check back in with complications from lung ailments, heart failure, heart attack, pneumonia, or after a hip or knee replacement. Jordan Rau, senior reporter for Kaiser Health News, says New York currently ranks fifth in the nation for penalties. He says the feds don't want hospitals to profit off returning patients.

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