Medicare Fines Record Number Of Hospitals For Excessive Readmissions

"Medicare this week began docking a record number of hospitals for having too many readmissions. Over the next year, 2,610 hospitals will lose some of their payments for each Medicare patient they admit, Medicare records show. This is the third year the industry faces these penalties, which were created by the Affordable Care Act. This year potential fines are the highest: up to 3 percent of Medicare bills."