Beginning in Fiscal Year 2013, as part of the Affordable Care Act, the Centers for Medicare & Medicaid Services (CMS) began instituting financial penalties on hospitals with excessive readmission. This program, called Hospital Readmissions Reduction Program (HRRP), reduces Medicaid and Medicare payments to hospitals who fail to keep patients with Acute Myocardial Infarction (AMI), Chronic Obstructive Pulmonary Disease (COPD), Heart Failure (HF), Coronary Artery Bypass Graft (CABG) Surgery, and Pneumonia out of the hospital for 30 days after their initial visit. This financial penalty was instated to make hospitals take responsibility for the quality of care provided. With HRRP in place, hospital readmission within a 30-day window has now become expensive and time-consuming issue for hospitals and patients alike. Excessive Readmission Rates (ERR) reduce quality of care across the country.
Health Recovery Solutions (HRS) works to reduce hospital readmission rates through technology. Through customized, disease-specific software platforms, in addition to a web portal and phone application, HRS allows clinicians and patients to track, manage, and communicate information surrounding their treatments plans, keeping patients out of the hospital. We spoke with Jarrett Bauer, CEO & Founder of HRS, to better understand how HRS is revolutionizing at-home care to keep patients from being re-hospitalized. By studying the leading causes of hospital re-admittance, Bauer has designed a variety of technological and data-driven tools that address patient, family member, caretaker, and clinician needs.Read More