Middle Tennessee's hospitals will be fined less for their patient readmissions levels by the Centers for Medicare and Medicaid Services in the fiscal coming year than they are currently.
Data released by regulators late last week shows that CMS will dock an average of 0.34 percent of its payments to 19 local hospitals starting Oct. 1. That's down from 0.37 percent and well below the state's average penalty of 0.52 percent. Nationally, the average penalty for fiscal 2014 will be 0.38 percent, down from 0.42 percent, according to data compiled and sorted by Kaiser Health News.
Two Nashville-area hospitals, Metro General and the Saint Thomas Hospital for Spinal Surgery, won't be any penalties in the coming fiscal year while Saint Thomas' Middle Tennessee Medical Center — recently renamed Saint Thomas Rutherford Hospital — and Sumner Regional Medical Center are the only ones who will forgo more than 1 percent of their Medicare reimbursements. The median penalty among local facilities will be 0.23 percent versus 0.31 percent this fiscal year.