Hospital Discharge Algorithm Saves $860 Per Patient Episode and Reduces Readmissions, According to New Data from Remedy Labs - Insurance News | InsuranceNewsNet

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July 3, 2019 Newswires
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Hospital Discharge Algorithm Saves $860 Per Patient Episode and Reduces Readmissions, According to New Data from Remedy Labs

Math Daily News

2019 JUL 03 (NewsRx) -- By a News Reporter-Staff News Editor at Math Daily News -- Remedy, America’s leading episodes of care company, announced findings from its study, “Association of Decision Support for Hospital Discharge Disposition with Outcomes,” published in the June 2019 edition of the American Journal of Managed Care. Remedy connects employers, insurance companies and health care systems to deliver more cost-effective care and improved consumer experiences.

The study verified the efficacy of a clinical decision support (CDS) algorithm in determining the optimal next site of care for patients leaving the hospital while avoiding unintended effects such as increases in readmissions, emergency department (ED) use and overall spending. The algorithm was built and tested within Remedy’s innovation incubator, Remedy Labs, and is currently in use by several Remedy partners through the proprietary Care at the Right Location (CARL) tool.

“Spending on post-acute care accounts for a substantial portion of overall healthcare costs and is growing faster than any other spending category, so it’s important for providers to be thoughtful about how they utilize those resources,” said study author and Chief Medical Officer at Remedy, Win Whitcomb, M.D. “The CARL tool is a gamechanger for organizations participating in value-based payment models like ACOs and bundled payments where this category represents an opportunity for savings, but it’s also important to patients who want to recover in the comfort of their own homes whenever possible.”

(Our reports deliver fact-based news of research and discoveries from around the world.)

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