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Loopback Analytics’ hosted Readmission Reduction Service® blends the latest technology with the live interaction of hospital care coordinators to achieve significant reductions in hospital readmissions, while placing minimal demands on clinical and IT resources.
The Affordable Care Act includes a hospital readmission reduction program that uses incentives, and starting October 2012, penalties to encourage hospitals to enact better procedures to reduce hospital readmissions among Medicare patients. Hospital readmissions are a significant expense that drives up Medicare costs. One in five Medicare patients ends up back in the hospital within 30-days of discharge, costing Medicare and taxpayers billions of dollars every year. Those hospitals that report higher than expected 30-day hospital readmission rates for patients with certain conditions could see their Medicare reimbursements decrease by hundreds of thousands, even millions of dollars. Because hospital readmission is often avoidable, facilities must develop strategically aggression interventions to avoid this fate.
Preventing hospital readmission is a complicated problem, however, there is much known about how to reduce hospital readmission rates. Studies show that the most important factor in preventing hospital readmissions is a consistent, post-discharge follow-up program. Loopback simplifies the entire process, helping you provide a continuum of care to at-risk patients, potentially saving you countless dollars. Reducing hospital readmissions is not only important to the financial well-being of your organization, it also says a lot about your reputation for providing quality care. Loopback's Readmission Reduction Service® uses advanced data analytics to identify patients at risk for hospital readmission and connect them with appropriate post-acute care resources, providing hospitals with reliable, cost-effective, technology-enabled solutions to stay connected with patients post-discharge.
Preventing hospital readmission is a complicated problem, however, there is much known about how to reduce hospital readmission rates. Studies show that the most important factor in preventing hospital readmissions is a consistent, post-discharge follow-up program. Loopback simplifies the entire process, helping you provide a continuum of care to at-risk patients, potentially saving you countless dollars. Reducing hospital readmissions is not only important to the financial well-being of your organization, it also says a lot about your reputation for providing quality care. Loopback's Readmission Reduction Service® uses advanced data analytics to identify patients at risk for hospital readmission and connect them with appropriate post-acute care resources, providing hospitals with reliable, cost-effective, technology-enabled solutions to stay connected with patients post-discharge.
The measurement period has already begun. Now is the time to identify and implement a plan to reduce hospital readmissions, improve clinical outcomes and increase patient satisfaction. Loopback's unique solution employs risk-scoring algorithms to calculate the likelihood of hospital readmission of discharged patients, enabling organizations to devote scarce resources to the most critically-important at-risk patients. Dashboard reporting provides clinical care staff and hospital management the information it needs to accelerate continuous improvement in patient care and reduce hospital readmissions.
Loopback wants to partner with you to successfully reduce hospital readmissions in your organization. For more information, contact us today at 972-480-3300. Or email us at info@Loopbackllc.com.