Duke Realty moves into post-acute space as providers try to trim readmissions
By Murray W. Wolf
The planned $28 million, 60-bed Mercy Rehabilitation Hospital in Springfield, Mo., which is being developed and will be owned by Duke Realty, is an example of how providers and healthcare real estate firms are expanding into the post-acute space. (Rendering courtesy of Duke Realty)
One of the most talked-about aspects of the Patient Protection and Affordable Care Act (PPACA), or healthcare reform, is that hospitals and health systems now face financial penalties for above-average rates of readmissions for certain “preventable” conditions covered by Medicare.
The new policy, dubbed the Hospital Readmissions Reduction Program, is overseen by the Centers for Medicare & Medicaid Services (CMS), the federal agency that administers Medicare, Medicaid and the State Children’s Health Insurance Program (CHIP).
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
Comments are closed, but trackbacks and pingbacks are open.