Tech Entrepreneurs Help Hospitals Avoid Health-Law Fines – WSJ.com

Last year, a provision of the Affordable Care Act went into effect that puts the nation’s roughly 3,400 acute-care hospitals at risk of getting penalized for excess readmissions of Medicare patients. The maximum penalty is 1% of a hospital’s base Medicare payment, but that will increase to 2% on Oct. 1 and go up to 3% by fiscal 2015. The penalties are based on the number of patients above the national average who are admitted to an acute-care hospital due to heart failure, heart attack or pneumonia and then readmitted within 30 days.

via Tech Entrepreneurs Help Hospitals Avoid Health-Law Fines – WSJ.com.

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