Because of the fines levied by CMS and other payers for readmissions, there is a negative effect on revenue.
Readmission rates are typically lower at hospitals that rank in the top quartile for quality. HealthStream has highlighted that hospitals that care for the most vulnerable patients are more likely to receive fines for readmission.
As a way to simultaneously reduce costs, raise standards, and boost patient satisfaction, decreasing hospital readmissions—especially those brought on by subpar inpatient or outpatient treatment long been a priority in health policy.
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