Two-midnight rule could hurt hospital finances

The upcoming two-midnight rule for inpatient admissions will put considerable financial pressure on the nation's hospitals in the coming months, according to a new report by Moody's Investors Service. Under the current Centers for Medicare & Medicaid Services' proposal, any patient held for two consecutive midnights would not be subject to short-stay audits. According to Moody's, the rule could cost hospitals as much as $3,000 to $4,000 revenue per case, as well as prompt more patients to be held for observation care, where reimbursements are a fraction of what they are for a full admission. Read the full story at FierceHealthFinance