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Innovation

Curaspan seeks low-hanging savings on re-admissions

When the doctor says "out patient, out" he doesn't want to be seeing you again. Reducing re-admissions by just half-a-percent per year, says Curaspan, can save serious money.
Written by Dana Blankenhorn, Inactive

The search is on for health care savings.

One place to find them is by tracking and reducing re-admissions. When the doctor says "out patient, out" he doesn't want to be seeing you again.

Reducing re-admissions by just half-a-percent per year, says Curaspan, can save serious money.

It doesn't sound like a heck of a lot, but do the math. Figure $7,200 on each patient, 15 patients every month. That's $108,000 per month, nearly $1.3 million in a year. Run that figure across the whole hospital system in the U.S. and you're talking $7.3 billion.

This is not a pie-in-the-sky number. They aggregated year 2009 data from 137 hospitals, most with 100 beds or more. Regularly reviewing a monthly report on re-admissions starts doing the job after just six months.

Curaspan is offering this in the form of Software as a Service (SaaS), meaning hospitals don't have to buy new gear to make this happen. Just run your data through Curaspan eDischarge, institutionalize the analysis as a discipline, and start saving today.

Curaspan runs your data through what it calls its Clinical Intelligence Data Bank which tracks it by post-acute provider, placement, diagnosis and admitting physician. The reports come through as PDF files, as Excel spreadsheets or as Crystal Report files -- the last is an existing business intelligence program.

Want a webinar on this? Of course you do. April 15 at 2 PM EDT. Sign up here.

This is a great example of how health IT actually works. We are not talking here of killing grandma. We're talking about saving her. Keep her from bouncing in-and-out of hospital like a yo-yo and she'll be happy, you'll be happy, and the hospital will be happy too.

This post was originally published on Smartplanet.com

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