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Hospital Readmissions Reduction Program: Keys to Success

Avoidable readmissions are a major financial major problem for the healthcare industry, especially for government payers. To tackle this problem, CMS launched the Hospital Readmissions Reduction Program (HRRP). While some hospitals may be able to absorb the financial penalties under HRRP, they still need to track increasingly complex reporting metrics. Most tracking solutions are inadequate for today’s complicated reporting needs. A healthcare enterprise data warehouse and analytics applications, however, are designed to solve the numerous reporting burdens. When used together, they also deliver a robust solution that enables hospitals to track and drive real cost and quality improvement initiatives, all without the need for users to be technical experts.

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Top Five Features of an Effective Readmission Risk Score

Under value-based healthcare and the 2012 Hospital Readmission Reduction Program, healthcare organizations are more motivated than ever to reduce their incidence of preventable readmissions. Health systems can reduce risk of hospital readmissions by developing readmission risk scores tailored specifically to their populations. A risk model that meets the following five requirements will have significant predictive value and is most likely to achieve systemwide adoption:

  1. Identifies at-risk patients early.
  2. Separates patients relevant to the disease-specific identification method and intervention strategy from all other in-hospital patients.
  3. Uses organization-specific data to train a disease-specific model.
  4. Exceeds performance of existing models.
  5. Is developed in collaboration with domain experts.

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Hospital Readmissions Reduction Program: Keys to Success

Avoidable readmissions are a major financial major problem for the healthcare industry, especially for government payers. To tackle this problem, CMS launched the Hospital Readmissions Reduction Program (HRRP). While some hospitals may be able to absorb the financial penalties under HRRP, they still need to track increasingly complex reporting metrics. Most tracking solutions are inadequate for today’s complicated reporting needs. A healthcare enterprise data warehouse and analytics applications, however, are designed to solve the numerous reporting burdens. When used together, they also deliver a robust solution that enables hospitals to track and drive real cost and quality improvement initiatives, all without the need for users to be technical experts.

Read More
My Folder