Who are you referring to with your "ass wipe" comment? Surely not me, because you go on to say to do their homework. I've been saying this stock and industry are doomed for over a year now, so I know exactly what I'm talking about.
And to your statement regarding hospitals being penalized for re-admissions: that doesn't begin until October 1, 2012 so I'll believe it when I see it. And besides, the penalties will end up having very little impact to the overall bottom line.
They do get spared cuts, but they will get dinged for rehospitalizations.....that's the latest and greatest HC speak, check all the articles and you will see. CHF, Diabetes, Stroke are the three main DRG's for rehospitalizations and the hospitals will be paying a price for not getting or partnering to get these pt's healthy and at home.
Ass wipe, that's why they have chronic care companies like Seniorbridge. Do your home work before you speak. Hospitals are pushing pt's out sooner, if they are rehospitalized within 30 days the hospitals are going to be penealized financially, they must partner with quality providers that can achieve necessary outcomes and keep these pt's out of the hospital. AMED and the other 3 large players will survuve!!!!
You are confusing your opinion with the reality of the current situation at hand. I agree with your sentiments; however, it doesn't matter much what you and I think. As bad as it might sound, CMS makes and changes the rules as they see fit based on what congress recommends which is majorly based on what the lobbyists say and do. Hospitals and physician groups spend way more money than what home healths could ever muster up on lobbyists; therefore, they get spared cuts year after year.