The nurse shortage may be affecting your bottom line in more ways than one. In this guest post, Brian Hudson, senior VP of a staffing company that specializes in the international recruitment of healthcare professionals, explains how inadequate nurse staffing may be adversely affecting your readmission rates and what you can do about it.
Under the Affordable Care Act (ACA), hospitals with excessive readmission rates may not be reimbursed for up to 3% of their readmission costs. This penalty causes a significant loss of revenue. For 2017, the Centers for Medicare & Medicaid Services (CMS) predicts that hospitals are expected to take a total loss of $528 million in penalties.
