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

Troy Hollbrook



Contact Information

Phone : 855 432-6337

Published in:


Published On:

February 7, 2013

Print Release:

Print Release

If you have questions regarding information in this press release contact the company listed above. 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 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.

Related Releases

Quit Smoking To Save Your Money And Life
On May 31 the world watch the world no tobacco day. World Health Organization WHO has told this that 6 million individuals passed on in 2011 because of employments of tobacco.

Teeth Whitening Melbourne - Hollywood Smiles Now Available in Melbourne
Melbourne Dentist Clinic now offers Teeth Whitening Melbourne, which delivers brilliant sparking 'Hollywood' smiles under an hour.

Maintaining Accuracy Levels in Medical Coding Reports with the Help of Medical Coding Company:
With technologies are progressing day by day, most healthcare companies want to offshore their works to Medical Coding Company for lowering overhead expenses.

Dentist Sydney - Emergency Dentist in Sydney, Australia
Need an Emergency Dentist in Sydney? We can help! Dental emergencies are never convenient and often it is difficult to find a dentists in Sydney which has appointments available. This is why Sydney Dentist Clinic now offers Sydney Emergency Dentis

Meds India Offering Quality Medicines At Highly Reasonable Prices
Meds India, the India based premier online pharmacy has announced reduced prices on a range of already affordable medicines.