Partnership provides hospitals in North Carolina with earlier, better readmission predictions.
Hospitals have played a guessing game of sorts when it comes to readmission rates, wondering if they will face CMS penalties or not. In 2017, it is estimated more than 2,500 hospitals will be penalized more than half a billion dollars for exceeding the benchmarks set by CMS, according to agency data.
While the number of penalized hospitals in FY 2017 represents a decline from FY 2016, according to a Kaiser Health News analysis, CMS will withhold $528 million in payments over the next year, under the Hospital Readmission Reductions Program (HRRP), marking an all-time high and an increase of some $108 million year over year.
