Industry Note: CMS Dedicates Tens of Millions to Reducing Hospitalizations in Newest Funding Push
A new funding push to reduce hospital readmissions underscores the measure’s importance for hospitals. CMS is sinking another $110 million into efforts to reduce hospital readmissions and to prevent hospital-acquired conditions, it says in a release.
“Initiatives like the Partnership for Patients, Accountable Care Organizations, Quality Improvement Organizations, and others have helped reduce hospital readmissions in Medicare by nearly 8 percent between January 2012 and December 2013 — translating into 150,000 fewer readmissions,” CMS stresses in the release.
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