2019 Organizational Wellbeing & Talent Insights: Challenge Your Point of View
November 5, 2019
Organizations need a new approach to the pursuit of better organizational wellbeing in today’s business environment. Operations, finance and HR can no longer function adequately in silos when success requires a strong connection between the company’s strategy and the executive team’s priorities and resources.
Build a better workplace by exploring the interconnected nature of employee health, engagement and organizational wellbeing. Discover new strategies that align CEO, CFO and HR priorities for effective collaboration and improved organizational outcomes.
Gallagher's 2019 Organizational Wellbeing & Talent Insights Report offers a comprehensive outlook from Gallagher thought leaders on current trends and strategies for strengthening workplace wellbeing and inspiring better work. Dig into an array of 19 articles developed for CEOs, CFOs and HR leaders, and make a plan to face your future with confidence.
Reducing the Cost of Care by Decreasing Avoidable Readmissions
November 5, 2019
US Hospitals spend $41.3 billion per year on 3.3 million adult 30-day all-cause readmissions. To address the rate of readmissions, the Centers for Medicare & Medicaid Services has established value-based care incentives in the form of financial penalties for hospitals and skilled nursing facilities.
This whitepaper discusses factors that increase the risk for readmissions, costs associated with readmissions, and how providers are lowering readmission rates for better value-based care. Learn how hospitals, primary care, and post-acute providers around the country are teaming up to:
Reduce all-cause 30-day readmissions by 78 percent
Improve follow-up and reporting for fewer readmissions and revenue gains of up to 30 percent
Save $1.8 million in care costs through improved transitions of care
Research has demonstrated enhanced technology can improve communication between patients, families and care providers, improve motivation, and has the potential to effect better outcomes and higher levels of patient satisfaction.
EM/HM Integration, Improved Communication Drops Hospital Readmission Rates by 55 Percent
Envision Physician Services
October 24, 2019
Integrating emergency medicine (EM) and hospital medicine (HM) services promotes collaboration and engagement between disciplines. Within an integrated EM/HM model, EM clinicians and hospitalists share accountability for streamlining admissions processes and achieving lower average length of stay, reduced readmissions and improved patient experience.
At one Central California hospital, readmission rates exceeded the CMS Quality benchmark stipulated by the Affordable Care Act, resulting in a near 1.5 million dollar potential revenue loss from Medicare reimbursements in 2017. This facility sought the help of Envision Physician Services to address the source of these excessive readmission rates and create a solution to avoid Medicare penalties.
With Envision’s integrated EM/HM care model, the hospital reduced its 30-day readmission rate from 11.69 percent to 5.21 percent, ultimately avoiding 1.5 million dollars in revenue loss from Medicare reimbursements and creating a more patient-centric care model.