Corporate Compliance

Cape Fear Valley Medical Center averts Medicare defunding

Compliance Monitor, January 25, 2012

Cape Fear Valley Medical Center (CFVMC) in Fayetteville, NC has entered into a systems improvement agreement with CMS that will allow the 485-bed safety-net hospital to retain its Medicare funding, according to a January 20 HealthLeaders Media article. As part of the agreement, CFVMC must take action to correct deficiencies that have resulted in three immediate jeopardy status reports since October 2011.

CMS confirmed that until reaching the "rare agreement" with CFVMC, it had intended to publish a public notice that "the Medicare provider agreement between Cape Fear Valley Medical Center (CFVMC) and the Secretary of Health and Human Services (HHS) would be terminated effective January 19, 2012."

Read more on the HealthLeaders Media website.

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