This year, over 2,600 hospitals will be losing a combined $420 million in funding as a result of high readmission rates due to a PPACA policy introduced four years ago that fines hospitals with readmission rates above a certain level.
But some hospitals, such as teaching hospitals, say that the policy is unfair because their patients are typically poorer and sicker than those admitted by others. A new study from Harvard appears to validate this complaint.
The researchers looked at 29 different characteristics among a group of over 8,000 Medicare beneficiaries who were hospitalized between 2009 and 2012. The study sought to examine characteristics that current Medicare risk-adjustment models do not include, such as socioeconomic factors like education level.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
