Readmissions: Which Way Do You Look
With the release of the latest round of readmissions penalties, much is being written about ways to address this issue in the business of healthcare. After all, current estimates suggest that readmissions negatively impact hospitals annually by approximately $563 million in penalties. Recent studies reveal that the average cost of each readmission is around $15,000 per patient. That is a hard cost that most health systems have to absorb.So … half a BILLION dollars is a big number, and represents