August 2012

In order for an accountable care organization to succeed, there must be a workable method for collaboration among the providers.  How do providers of care effectively communicate amongst one other?  What is the optimum means of memorializing a patient’s medical history and present health status so that all providers of care are basing their decisions

The Centers for Medicare & Medicaid Services (“CMS”) will be penalizing more than 2,000 hospitals nationwide starting in October 2012 under the Hospital Readmission Reduction Program (the “Program”).  A number of New York hospitals were included on the list of hospitals to which CMS will apply the readmission penalty to reimbursements, including Beth Israel Medical

In its August 2012 issue, the American Bankruptcy Institute Journal published  Medicare Issues in Bankruptcies by Ted Berkowitz and Veronique Urban of Farrell Fritz.

The takeaways:

-Health care entities contemplating a bankruptcy filing should carefully consider the effects that the filing will have on their Medicare arrangements;

-Health care debtors should be aware that any