Wednesday, June 1, 2016

CMS Healthcare Payment Strategies Decrease the Hospital Readmissions

The Health Care Innovation Awards project has brought benefits to sufferers as well as new ideas for healthcare payment strategies to CMS.

The Centers for Medicare & Medicaid Services (CMS) Innovation Center was created in case to develop more revolutionary healthcare payment strategies that could reduce the cost of Medicare, Medicaid, and the CHIP programs. One of its initiatives, the Health Care Innovation Awards, was recently profiled in a CMS Blog.

The Health Care Innovation Awards project has brought benefits to sufferers as well as new ideas for healthcare payment strategies to CMS. For example, Innovative Oncology Business Solutions, Inc. adopted a medical home approach that improved access to care by extending same-day appointments and weekend hours as well as improved patient engagement through disease management guidance.

There was greater sufferer satisfaction found for the increased office hours on the weekends. The results also show that all of this led to fewer emergency room visits and hospital readmissions for more than 2,100 patients.

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