123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Insurance >> View Article

Medicare Pilot Program Saves $1m And Reduces Readmissions

Profile Picture
By Author: Ruskin Booth
Total Articles: 14
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

A Medicare program to prevent expensive hospital readmissions has shown that there are millions of dollars in potential Medicare savings to be gained.

“The idea is to reduce preventable hospital readmissions for Medicare beneficiaries,” suggests Alan Weinstock, an insurance broker at MedicareSupplementPlans.com. “When the program began in 2009 nearly one in five patients who left the hospital was readmitted within 30 days. And over 75% of those readmissions were preventable.”

Success of Medicare Pilot Program

The pilot program began a year and a half ago with 14 communities nationwide and examined hospital readmission incidences locally with an eye on developing tailored solutions for preventing readmissions. The project relied on quality improvement organizations that contract with Medicare as well as local providers to help improve care.

In the Denver area program alone – one of the 14 communities involved – there was a 9.3 percent cut in readmissions among the study group of 80,000 Medicare beneficiaries in 44 ZIP codes.

The initial 14-city pilot program has saved approximately ...
... $100 million in Medicare hospital spending among about 1.25 million enrollees.

Overview of Medicare Pilot Program

The pilot program linked elderly hospital patients with transition coaches – nurses, social workers and family members – meant to help them coordinate drugs, physical therapy appointments, doctor follow-ups and home health care aids in order to prevent expensive and often dangerous hospital readmissions.

Medicare defines readmissions as returning to the hospital within 30 days of the initial admission. The coaching helped reduce new hospital admissions by eight percent during that 30 day period. The self-management skills that were taught to patients as part of the transition coaching helped them stay healthier overall, even when faced with another illness or accident.

“It’s like the saying about fishing,” notes Alan. “Give a man a fish, feed him for a day. Teach a man to fish, feed him for a life time. When you give people knowledge, you give them confidence in being able to help themselves.”

Recommendations for Coaching Medicare Beneficiaries

Assisting elderly patients, educating them on care after a hospital stay and coordinating their follow-up care has been shown to be an important factor in reducing hospital readmissions. Studies have shown that there are four basic tenets to helping reduce readmissions for Medicare beneficiaries:

1. Transition coaching which includes patient education, medication management, communication from health care providers and follow up;

2. Advanced care for seriously ill patients who are not hospice qualified;

3. Health coaching and pharmacy outreach;

4. Self-management classes for Medicare beneficiaries living with diabetes, lung conditions such as chronic obstructive pulmonary disease (COPD) and chronic pain.

Assisting Medicare beneficiaries is beneficial not only to them, but to the hospital and the health care givers involved in their care as well. Providing a better quality of life to Medicare beneficiaries and higher quality of care at a lower price offers big dividends to everyone involved.

Medicare supplement plans are a boon for the old people as the Medicare Supplement Insurance can give what is required by them. Medicare Supplemental Insurance California is really worth having.

Total Views: 266Word Count: 498See All articles From Author

Add Comment

Insurance Articles

1. A Changing Environmental Landscape Impacts The Insurance Industry
Author: D Edward Levy

2. Why E-insure First Is Your Trusted Insurance Partner
Author: E-Insure First

3. California Homeowners Insurance Solutions | Impaakt
Author: Impaakt Magazine

4. How 2025 Is Redefining America’s Beloved Flute Instrument?
Author: musicinstrumentsins

5. Safeguarding Your Music Career: Why Every Artist Needs Specialized Insurance
Author: victor12johnson

6. Can Homeowner’s Insurance Be Reengineered | Impaakt
Author: Impaakt Magazine

7. Manual Vs. Automated Document Indexing: Which One Is Right For Your Business?
Author: SourceThrive

8. Global Family Offices: The Rising Power Of Family Office Services In India
Author: Drishti Desai

9. How Driving Behavior Affects Your Car Insurance Rate In The Uae
Author: Sarath

10. The Modern Oboist’s Journey: From Performance Breakthroughs To Protection Plans
Author: musicinstrumentsins

11. Effective Strategies For Managing Insurance Loss Runs
Author: SourceThrive

12. How Diversity And Technology Are Redefining The American Orchestra Stage?
Author: micheljordan4

13. What Happens If A Customer Gets Hurt On Your Property?
Author: Tom Needham

14. Securing Music Retailers With The Right Insurance
Author: victor12johnson

15. Innovations In Music: The Latest Trends In Instruments And Musicians Coverage
Author: micheljordan4

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: