Reducing Readmissions Through Value-Based Care
By Amanda Griffith, Contributing Writer
To comply with the Readmissions Reduction Program, Nash Healthcare had to reduce time clinicians spent with traditional chart audit methods and allow them to spend more time with patients.
Many healthcare organizations are turning their attention to reducing readmissions, in large part due to the CMS’s Hospital Readmissions Reduction Program and the significant financial penalties associated with higher-than-expected ratios. To wit, only 799 out of more than 3,400 hospitals subject to the Hospital Readmissions Reduction Program performed well enough on the CMS’ 30-day readmission program to face no penalty, and 38 hospitals will be subject to the maximum three percent reduction, according to an analysis of newly posted CMS data.
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