The costs and penalties associated with unplanned re-admissions are becoming a serious problem for too many hospitals. Studies undertaken by the Government have come back with grim results: Collectively, Medicare loses roughly $26 billion per year due to preventable re-admissions, with some specific disorders reaching readmission rates of 20-25% or higher.Read More
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Is your hospital's discharge process keeping up with new trends in medical reporting and surveying?
In recent years, government agencies -as well as patients- have been turning a much closer eye to discharges and unplanned re-admissions In fact penalties for re- admissions within 30 days of discharge are increasing 3% in 2015 making preventable re-admissions even more costly than they already are.
After all, that's what preventable re-admissions cost, according to studies on the matter . The average cost per re-admission is around $40,000. Even for smaller operations, it's still in the five figures. For that matter, in 2011, unplanned re-admissions cost the US healthcare industry more than $40 Billion dollars as a whole.
Are you looking for a cost-effective way to cut costs at your hospital, clinic, or other healthcare facility? Sturdy discharge folders can be one of the best investments you make!
Reputation matters in healthcare, now more than ever, not only for attracting new patients but also for maintaining Medicare reimbursements.
It's no secret, but re-admissions are one of the single most costly problems a hospital can run into, and much of the time, they're preventable!
The discharge process is absolutely vital in preventing needless re-admissions. The more comfortable a patient is with the road ahead, and the more detail they have on their treatment, the more likely they are to have a successful recovery.
When a healthcare facility is processing dozens - or hundreds - of discharged patients a day, it's easy to forget what a traumatic experience it can be for each individual patient. This is especially important when it comes to discharge because once the patient leaves the hospital they become responsible for following a specific discharge plan that will ensure their return to health.
Today, patient post-care and outreach are topics of much discussion in the medical field. Recent studies have highlighted huge amounts of waste due to readmissions, with potentially up to 75% of them being preventable.
Recent studies have demonstrated a disturbing trend in American health care: Patients are being re-admitted to hospitals in large numbers, and in situations where the re-admissions were preventable.
Since its introduction in 2006, the Hospital Consumer Assessment of Healthcare Providers and Systems (HCAHPS, or "H-Caps") has quickly grown in importance to hospitals and clinics across the nation.