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You have learned that Medicare is increasing the penalty rate from 3% to 6% and...

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Accounting

You have learned that Medicare is increasing the penalty rate from 3% to 6% and the number of diagnoses from 3 to 6, beginning on January 1, 2019.

In addition, the board of trustees is aware of the payment shift from fee-for-service billing to value-based care.

What is your DETAILED (step-by-step) plan on how to handle these issues over the next 90 days being a CEO of a hospital ?

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