Progressive nursing facilities are evolving to operate more similarly to hospitals due to growing engagement in bundled payment arrangements and a devotion to improved patient outcomes. This shift in outcome ownership and shared financial responsibility has led to a need for more efficient patient transitions and increased visibility after the point of discharge. With a national presence, a predominate SNF partnered with Prepared Health to drive real-time communication with their internal service lines and downstream partners to focus on these goals. Within one year, the project’s primary skilled nursing facility saw rehospitalizations reduced by half.
As the shift from traditional fee for service models to value-based care progresses, it is important to understand what’s on the horizon for organizations looking to leverage their downstream partners in a more effective, outcome-driven manner. Holistically engaging their post-acute network enables health systems and upstream providers to drive higher reimbursements and better patient outcomes while working with the cornerstone of value-based care: bundled payments.