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Hospital receives no penalties under new program

Community Hospital in Grand Junction received no penalties under a new federal program that cuts Medicare payments for higher-than-expected patient readmission rates.

Community Hospital received a 0 percent (0%) penalty for each of three report dates, the only hospital in Mesa County listed on the reports to do so.

“This report measures our readmission performance compared to hospitals in and around our region as well as the national average,” said Chris Thomas, president and chief executive officer of Community Hospital. “The results of this report reaffirm Community Hospital’s unwavering commitment to patient safety and satisfaction.”

As part of federal health care reform legislation, Medicare payments to hospitals can be cut for higher-than-expected readmission rates for heart attack, heart failure and pneumonia patients. Penalties ranged from 0.1 to 1 percent of base Medicare payments under the first year of the program. The maximum penalty will increase to 2 percent starting in October and then will be capped at 3 percent starting in October 2014.

For more information about Community Hospital, visit the website located at www.yourcommunityhospital.org.

The Business Times has served as the definitive source for Grand Junction business news since 1994. The journal offers news, views and advice you can use twice each month in print with daily updates online at www.TheBusinessTimes.com
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Posted by on Apr 9 2013. Filed under Business Briefs. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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