The Colorado Hospital Association and UnitedHealthcare have announced that its joint initiative to reduce readmissions cut 30-day all-cause readmission rates 43 percent in one year, leading to approximately $2.9 million in saved costs.
The two-year initiative, part of the Reducing Hospital Readmissions & Safe Transitions Collaborative, involves 19 Colorado hospitals and is supported by a $1.1 million grant from UnitedHealthcare as well as funding, education and technical support from CHA. The hospitals implemented strategies from the Re-Engineered Discharge project developed by researchers at Boston University School of Medicine.
After one year, 30-day same-cause readmission rates and 30-day all-cause readmission rates for target populations decreased from 9.8 percent to 5.18 percent and from 14.94 percent to 8.45 percent, respectively. Based on federal estimates of a hospital readmission costing an average of $9,600, the project saved about $2.9 million.
The initiative will continue through the end of the year, with a final data analysis in 2014.
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Colorado Hospitals Cut All-Cause Readmissions 19%, Save Nearly $3M
The Colorado Hospital Association and UnitedHealthcare have announced that its joint initiative to reduce readmissions cut 30-day all-cause readmission rates 43 percent in one year, leading to approximately $2.9 million in saved costs.
http://www.cha.com/pdfs/Press_Release/cha-uhc-project-red-080113.pdf
The two-year initiative, part of the Reducing Hospital Readmissions & Safe Transitions Collaborative, involves 19 Colorado hospitals and is supported by a $1.1 million grant from UnitedHealthcare as well as funding, education and technical support from CHA. The hospitals implemented strategies from the Re-Engineered Discharge project developed by researchers at Boston University School of Medicine.
https://www.beckersasc.com/asc-quality-infection-control/patient-safety-tool-re-engineered-discharge-toolkit.html
After one year, 30-day same-cause readmission rates and 30-day all-cause readmission rates for target populations decreased from 9.8 percent to 5.18 percent and from 14.94 percent to 8.45 percent, respectively. Based on federal estimates of a hospital readmission costing an average of $9,600, the project saved about $2.9 million.
The initiative will continue through the end of the year, with a final data analysis in 2014.
More Articles on Hospital Readmissions:
Study: Hip Surgery Readmissions Could Cost Hospitals $11k if CMS Doesn't Pay
https://www.beckershospitalreview.com/quality/study-hip-surgery-readmissions-could-cost-hospitals-11k-if-cms-doesn-t-pay.html
Ohio State, Columbus Neighborhood Health Centers Partner to Reduce Cardiac Readmissions
https://www.beckershospitalreview.com/hospital-key-specialties/ohio-state-columbus-neighborhood-health-centers-partner-to-reduce-cardiac-readmissions.html
Study: Readmission Risk Predicted by Composite Patient Measure
https://www.beckershospitalreview.com/quality/study-readmission-risk-predicted-by-composite-patient-measure.html