MUNDELEIN, Ill., Oct. 1, 2012 (GLOBE NEWSWIRE) -- Starting today, the Centers for Medicare and Medicaid Services (CMS) will impose severe reimbursement penalties to hospitals for avoidable and costly re-hospitalizations, which, according to CMS, cost the U.S. health care system an estimated $17 billion a year. Since almost one in four hospital patients who are transferred to nursing homes are readmitted to the hospital, Medline Industries, Inc. and Florida Atlantic University (FAU) today announced a major initiative to help hospitals and nursing homes reduce these avoidable hospital readmissions and improve quality of care.
