15 Va. Hospitals Having Medicare Funding Cut This Year

RICHMOND, Va. — Fifteen hospitals in Virginia will have their federal Medicare payments cut this fiscal year as part of government penalties for having too many patient complications.

Federal numbers show the hospitals are among about 725 around the country that will have their payments reduced by 1 percent under the Hospital-Acquired Condition Reduction Program.

The total reduction in spending because of the program is estimated at about $373 million for fiscal year 2015.

The program is a new effort under the Affordable Care Act that builds on existing programs that uses public reporting and financial incentives to encourage improvements in patient safety.

According to public data on the Medicare.gov website, the hospitals in Virginia having payments cut include the University of Virginia Medical Center and Virginia Commonwealth University Health System.

More From Virginia

Follow WNEW on Twitter

(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS DC

D.C. Lottery Live
Follow and Like Us

Listen Live