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Health Reward Stat of the Day – Feb 9

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More than three dozen hospitals across the U.S. will be penalized more than 3% on most of their CMS reimbursements in 2015, the first year in which the agency’s three Medicare quality and safety incentive programs will be in effect.

According to a Modern Healthcare analysis of CMS data on penalties for fiscal 2015, when readmission, hospital-acquired condition and value-based purchasing rates are combined, two hospitals will have much of their Medicare payments docked over 4%. This includes a 4.44% reduction for the 180-bed Palisades Medical Center in North Bergen, N.J., and a 4.21% reduction for the 455-bed Pennsylvania Hospital in Philadelphia, one of the oldest hospitals in the U.S. (See list.)

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