This Week's Challenge: Reducing avoidable hospital readmissions is a way to glean savings from the healthcare system and improve the quality of care that patients receive. We wanted to see the ROI generated by programs focused on reducing readmissions.
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What We Learned:
The Healthcare Intelligence Network's Second Annual Reducing Hospital Readmissions e-survey conducted in December 2010 captured how 90 healthcare organizations are reducing readmissions in their populations. Respondents reported the following ROI from their programs to reduce readmissions:
- Less than 2:1 ROI: 2.3 percent
- Between 2:1 and 3:1 ROI: 11.6 percent
- Between 3:1 and 4:1 ROI: 0 percent
- Higher than 4:1 ROI: 2.3 percent
- Too early to tell: 53.5 percent
- Don't know: 27.9 percent
- Other: 2.3 percent
For additional research data and insights on this topic:
Download the executive summary of the 2011 Benchmarks in Reducing Hospital Readmissions.
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Read related blog post: The 4 Cís of Reducing Readmissions
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Excerpted from 2011 Benchmarks in Reducing Hospital Readmissions, a 45-page special report that quantifies efforts by 90 healthcare organizations to reduce avoidable readmissions in their most vulnerable and high-utilization populations, as reflected by responses to HIN's second annual survey on Reducing Hospital Readmissions, conducted in December 2010. An all-new follow-up to the best-selling 2010 edition, this resource is packed with new metrics on current and planned programs to reduce readmissions, presented in more than 40 easy-to-follow graphs and tables.