Health care service companies are taking a hit today on reports that Medicare carriers in 11...
Health care service companies are taking a hit today on reports that Medicare carriers in 11 states will begin performing 100% pre-payment audits on inpatient stays related to 15 cardiovascular and orthopedic treatments. There will be a 30-60 day period in which records will be reviewed to determine whether there was actually a medical necessity for the procedures that occurred during the hospital stay. THC -10%, HMA -8%, CYH -5.2%, HCA -7.4%, VHS -5.4%.
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