Reducing the Cost of Care by Decreasing Avoidable Readmissions
Sponsored by
Collective Medical
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.
Current State of Inpatient Diabetes Care and Glycemic Management
Sponsored by
Glytec
October 28, 2019
Achieving better outcomes for hospitalized patients with diabetes is imperative to the successful shift from volume to value.
At any given time, 25-30% of our inpatient populations have diabetes. Their cost of care is four times higher than patients without diabetes and their average stay is two to three days longer.
The question is, are we paying enough attention to their unique needs?
A recent nationwide survey of healthcare professionals indicates there is vast room for improvement. We encourage you to download the complete results.
KPIs for Credentialing: Why & How Metrics Improve Your Medical Staff Office or CVO
Sponsored by
Symplr
October 24, 2019
How are you measuring the success of your credentialing?
Learn which key performance indicators matter most in credentialing, how to set your benchmarks, and why it's important to be able to measure all aspects of your provider credentialing efforts.
EM/HM Integration, Improved Communication Drops Hospital Readmission Rates by 55 Percent
Sponsored by
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.
Charge Capture: Is it the Weak Link in Your Revenue Cycle?
Sponsored by
Change Healthcare
October 21, 2019
The lack of a robust charge-capture program can have a significant impact on your bottom line. Many organizations neglect to focus on this aspect of the coding and billing process because claims are being submitted and paid. But overlooking missed, incorrect, and inconsistent charges is akin to leaving money on the table.
Read this whitepaper to determine the obstacles to successful charge capture, assess the strength of your charge capture program, and learn best practices for appropriately capturing all the charges for the services you’ve provided.