New Jersey’s Medicare Project

According to the Star Ledger as reported on August 18, 2009, there has been a difference in the amount of money that doctors receive when treating Medicare patients and what hospitals receive. Hospitals only receive a large amount of money, while doctors receive money based on the services they provide to Medicare patients. Some New Jersey hospitals have decided to try and change this by having doctors and hospitals share the profits received. They are hoping this will cut costs by cutting patient stays, lowering rates and improving discharge plans. They are hoping that by saving these costs, hospitals and doctors can work together to help improve medical care for Medicare patients due to sharing financial incentives. Medicare services are significantly more in New Jersey, then the payments that hospitals actually receive. There are currently twelve New Jersey Hospitals participating in this “Medicare Project.”

For additional information on this “Medicare Project” and hospitals involved you may go to:

This link.

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