Medicare Disappoints Hospitals With Large Cut To Recoup Past Overpayments
In a rule released Tuesday, federal officials said they are going forward with the 1.5 percent cut to hospital reimbursement that they proposed earlier. It is expected to recoup $11 billion in past overpayments. Hospitals had lobbied to keep the cut at 0.8 percent. Also in the rule were the new penalties for hospitals that readmit too many Medicare patients.