Penalties for hospital readmissions, doled out by the Centers for Medicare and Medicaid Services, are expected to reach about $420 million this year. Faced with ever-increasing fines and penalties as CMS focuses more on care quality than quantity, hospitals must put a plan into place that addresses readmissions to reduce costs and improve patient care and satisfaction.
What can hospitals do to meet this goal? Guiding, educating and supporting patient self-managed care can reduce the rate of hospital admissions. Making your patients partners in their care will increase their knowledge and satisfaction—and prevent an avoidable return visit.