Hospital readmissions in New York State cost $3.7 billion each year, according to a report released today by the New York State Health Foundation.
The foundation's analysis relied on hospital discharge data to calculate hospital readmission rates across all payors in New York in 2008. Their analysis found nearly 15 percent of all initial hospital stays in the state resulted in a readmission, which translates to nearly 274,000 additional hospital stays. What's more, approximately 4 percent of all initial hospital stays resulted in a readmission related to complications or infections alone, costing $1.3 billion per year.
Other key findings from the foundation's report include the following:
• Thirty-day readmissions in New York cost $3.7 billion in 2008, accounting for 16 percent of total hospital costs.
• Nearly 20 percent of hospital stays covered by Medicare in 2008 resulted in a readmission, accounting for 58 percent of all readmissions and 60 percent of all readmission costs, statewide.
• Although readmission rates were slightly higher in New York City and the Capital Region, all regions of New York had an annual readmission rate of at least 13.6 percent.
Barnes-Jewish, Beth Israel, Our Lady of the Resurrection Post Highest Readmission Rates for Past 3 Years in 3 Categories
Canadian Research Suggests Hospital Readmissions Not Adequate Measure of Quality
The foundation's analysis relied on hospital discharge data to calculate hospital readmission rates across all payors in New York in 2008. Their analysis found nearly 15 percent of all initial hospital stays in the state resulted in a readmission, which translates to nearly 274,000 additional hospital stays. What's more, approximately 4 percent of all initial hospital stays resulted in a readmission related to complications or infections alone, costing $1.3 billion per year.
Other key findings from the foundation's report include the following:
• Thirty-day readmissions in New York cost $3.7 billion in 2008, accounting for 16 percent of total hospital costs.
• Nearly 20 percent of hospital stays covered by Medicare in 2008 resulted in a readmission, accounting for 58 percent of all readmissions and 60 percent of all readmission costs, statewide.
• Although readmission rates were slightly higher in New York City and the Capital Region, all regions of New York had an annual readmission rate of at least 13.6 percent.
Related Articles on Hospital Readmissions:
UCSF Medical Center's Heart Program Helped Lower Readmissions by 30%Barnes-Jewish, Beth Israel, Our Lady of the Resurrection Post Highest Readmission Rates for Past 3 Years in 3 Categories
Canadian Research Suggests Hospital Readmissions Not Adequate Measure of Quality