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| Cover Story: Preparing for No Pay |
| Cover Story | ||||||
| Written by Michael Sharkey | ||||||
| Tuesday, 01 April 2008 | ||||||
Page 1 of 4 ![]() CMS’s reimbursement overhaul is just six months away. We’ve got the insight from industry leaders to help you prepare for the No Pay era. Michael Sharkey reports. CMS tried dangling the carrot, offering voluntary pay for performance incentives as part of its Hospital Quality Initiative; now it’s adding the stick. The rules for reimbursement are about to drastically change—whether healthcare providers are ready or not. In less than six months, CMS will cut off the tens of millions of dollars in extra payments care providers receive annually for the treatment of patients they themselves harmed, infected, or failed to protect. And it won’t be long before more private insurers follow suit. To help you best prepare for this new No Pay for Poor Performance era, we’ve gathered the information you need to jumpstart your initiatives to prevent three of the most common problems the rule changes will address: pressure ulcers, hospital-associated infections, and patient falls. The clock is ticking and CMS has set the alarm for October. It’s now or never for hospitals to truly address patient safety and first, do no harm. |
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