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How would you like to reduce readmission rates and potentially increase Medicare reimbursements? What if we told you that the key could be your foodservice provider?
Thousands of hospitals in the US were hit recently with Medicare readmission penalties as a part of the Affordable Care Act’s campaign to financially pressure hospitals into reducing the number of patients who are admitted for a second time within a month.
Hospitals are motivated to reduce readmission rates to mainly reduce the financial stress these penalties impose. However, ACA readmission rates becoming transparent add another layer of pressure. Just like we read reviews before staying in a hotel or going to a restaurant, patients are beginning to research hospital’s ratings to decide whether they would like to seek care there or not.
There are many reasons why a patient returns to the hospital after discharge. They range from conditions like congestive heart failure and pneumonia, to behavioral and mental health issues, and housing instability. The list goes on, but we’re going to focus on the one we can have an impact on: malnutrition.
Almost fifty percent of hospitalized patients in the US are malnourished at the time of admission. Patients with malnutrition are more likely to develop complications such ashigher risk for pressure injuries, infections, falls, decrease in muscle strength, and poor wound healing.
These complications lead patients to have a longer length of stay, increase hospital costs associated with their treatment, and the likelihood of patients to be readmitted to the hospital within thirty days. Overall, it can increase the average cost of the hospitalization by 60%.
Health systems across the nation have documented malnutrition’s impact on readmission rates. One of our clients, a health system with hospitals in several states, recognized their malnourished patients had a higher than average readmission rate of 40-68%. They’re just one of a number of systems that have teamed up with us to implement our Malnutrition Diagnosis & Reimbursement Program, an initiative aimed at identifying malnourished patients upon admission and coding them appropriately.
The Inpatient Malnutrition Diagnosis & Reimbursement Program includes:
Our software enables a secure environment that allows Registered Dietitian Nutritionists (RDNs) to better track the incidence of malnutrition for the patients they assess. It also allows them to track added hospital reimbursement and patient outcomes through early identification and intervention.
Our proprietary gap analysis methodology for malnutrition diagnosis utilizes existing data and compares it against national benchmarks to project outcomes that are dependent on a multitude of hospital-level variables.
If you want to learn how our Malnutrition Program can help you reduce readmission rates, please fill out the form below. We can estimate the potential for increased reimbursement when our program is fully implemented.
This blog is part one of a series of blogs dedicated to uncovering the impact of malnutrition on readmissions, length of stay, and revenue. Stay tuned for our second part!
As your strategic partner, we embrace creative and innovative opportunities to support your goals and help you reduce the cost of care. Having a partner that can balance resources with unmatched purchasing power will accelerate your organization’s transformational journey.