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Reducing SNF Hospital Readmissions with Interventional Analytics
September 5th, 2024
A recent study of skilled nursing facilities (SNFs) in the American Journal of Managed Care finds that using interventional analytics to prevent hospital readmissions can potentially save Medicare nearly $2.8 billion dollars in annual spending. Hospital readmissions come at a cost to members, health plans, and health systems, representing a significant challenge for SNFs. Of the 1.7 million SNF admissions in the United States annually, more than 20% result in hospital readmissions within 30 days, leading to roughly $5.2 billion dollars in Medicare costs. Findings from the retrospective analysis of the 30-day hospital readmission rates between 2017 and 2022 indicate that SNFs equipped...read more