Bassett Medical Centers readmission reduction project has resulted in a reduction of up to 70% among highest-risk patients.
Beginning Oct. 1, 2012, more than 2,000 hospitals serving Medicare patients began losing reimbursement under the Centers for Medicare & Medicaid Services (CMS) readmission reduction program, which penalizes hospitals experiencing excess 30-day readmissions for heart failure, acute myocardial infarction, and pneumonia. The average penalty is about $125,000.
A program at the University of Michigan Health System in which physicians and nurse practitioners visit patients after their transfer to a skilled nursing facility has smoothed transitions and reduced the average length of stay of older patients from 10.6 days to eight days.