Did you know that almost 80% of hospitals nationwide received a penalty to their Medicare reimbursement payments in 2018 due to their hospital’s readmission rate?1 Hospital readmission rates continue to be a problem in our country. However, there are tools that hospitals can leverage to help them predict the likelihood of a patient coming back into their hospital. Using this predictive tool, Medisolv created a handy Readmission Prevention Checklist—and you can download it for free! The checklist will help your hospital get started on a plan to intervene with your high-risk inpatients.Read More
Are any of these value-based purchasing programs actually working? Well a safe answer may be, "perhaps." On any given day you could find these two contrasting headlines:
The thing is, both are true. According to the National Scorecard on Rates of Hospital-Acquired Conditions 2010 to 2015, Hospital-Acquired Conditions (HACs) have shown a 21% decrease across that time span. And yet every year when CMS releases the list of hospitals penalized for their HAC scores, we see that there are still many hospitals across the country still struggling with controlling their HACs.Read More
Shrinking hospital margins headline much of the health care news these days. But how do you know if your margins are shrinking if you aren’t sure what your costs are?
In order to assess the profitability of your hospital, you must know what your hospital costs are.
In this infographic, we have highlighted three common Hospital case costing methodologies.Read More
It’s 7 p.m. and you’ve just been in an accident. Nothing serious, but you think your ankle is sprained. You decide to go to the emergency room. Upon entering the ER, you see EMTs wheeling in patients on gurneys with oxygen. As you continue into the waiting room, you hear someone mention a multicar accident. You look around for a seat, but the waiting room is crowded. As a stable patient, you might be in for a long wait.
It’s no secret that longer emergency room waiting times can lead to worse patient outcomes and lower patient satisfaction scores. In this critical department of the hospital, each moment can mean the difference in the life of the patient.Read More
The current state of Medicare readmission penalties
In this blog, we explore how hospitals are using predictive analytics to determine at-risk patients. We consider how the risk assessment tool can lower a hospital's readmission rates.
This year, a staggering 77% of hospitals will receive some percentage of penalty to their 2016 funding under Medicare’s Readmissions Reduction Program.Read More
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