What Could You Do with $563 million? The High Cost of Readmissions Penalties

$563 million is a lot of money. And in healthcare, there is a direct impact from readmissions penalties and how those funds could be allocated to further improve quality patient care and provide innovative treatments. Recently, the Centers for Medicare & Medicaid Services announced new readmissions penalties, and the projected cost of those penalties is staggering, with estimates around $563 million in 2020. In summary, these penalties are assessed to hospitals that have sub-par performance with