Hospitals Will Forfeit More Than $280 Million In Medicare Funds Over The Next Year.
Nearly 20%of Medicare patients returning to the hospital within a month of discharge. The government considers readmissions a prime symptom of an overly expensivehealth system.
Phoenix (I-Newswire) February 7, 2013 - Nearly 2 Millon Medicare Benificarys are readmitted to the hospital within 30 days, costing Medicare over 17.5 Billion dollars per year. The nation wide rate has remained at just under 20% in spite of the fact that hospitals have tried to reduce this number.
One are where this issue has been addressed is taking medication properly. Pill dispensers that will remind and assist home bound patients to take their medication can have a big impact on the number of re-admisssion. Programmable pill dispensers like the MED-Q Pill Box have been proven to be effective.
According to Medicare , over 1900 hopsitals will be fined 1% in 2013 and the fines are ecpected to rise up to 3%. This new fine sytem is a part of Presidnt Obama;s health care refrom to reduce costs and provide better quality services. Hospitals have seen these changes coming for years and have come up with many ideas to alleviate the problems.
Everything from reminder phoe calls, nurse home visits to medication reminder systems have been put in place to avoid the costly fines. The fine will be deducted from Medicare reimbursments every time the hospital files a claim. As an example, a hopital receives the maximum fine of 1% on $20,000 for a stay, Medicare would reimburse $19,800. Hopitals have been complaining that Medicare is holding hospitals to higher standards then what Congress had invisioned, holding them to higher outcomes that they have no control over. Patients in lower income brackets have lesser outcomes and the hospitals can have little impact in those areas.
For more information on this issue go to firstname.lastname@example.org
MED-Q PILL BOX
About MED-Q PILLBOX COMPLIANCE SYSTEM
ALL-IN-ONE PROGRAMMABLE PILL DISPENSER, PILL TIMER, PILL ORGANIZER PILL ALARMLess..
MED-Q PILLBOX COMPLIANCE SYSTEM
515 E CAREFREE HIGHWAY #559 PHOENIX AZ
Phone : 855 432-6337
Published On:February 7, 2013
Print Release:Print Release
If you have questions regarding information in this press release contact the company listed above. I-Newswire.com is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter, make sure to check the official company website for accurate release dates as our site displays the I-Newswire.com press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for or omissions in that information or for actions taken in reliance on that information.
Specialists Who Provide Fertility Treatment in the UAE Cautioned to Avoid Multiple Pregnancies
March Is National Save Your Vision Month
Teenager With Cystic Fibrosis To Bicycle Around Colorado For Charity
U.S. Dentists Turn to Reliable Arts Dental Lab For High-Quality, Affordable Dental Products
IMWell Health Announces First Bank Corp Signing On With Fort Smith Multi-Employer Health Clinic