A large U.S. hospital in the lowest performing 25 percent can face $1.1 million in lost reimbursement annually and it’s not much better for mid-sized hospitals. See below to understand the numbers behind the issue and what you can do about it.
In 2018, an estimated 32% of large U.S. hospitals will occupy the lowest performing quartile for HACs.*
For large U.S. hospitals—those with 500-1,000 beds—annual median Medicare reimbursement adds up to approximately $113.7M*
In 2018, an estimated 26.3% of mid-sized U.S. hospitals will occupy the lowest performing quartile for HACs.*
For mid-sized U.S. hospitals—those with 300-500 beds—annual median Medicare reimbursement adds up to approximately $60.2M*
With 3M software and services, your hospital can identify real-time patient data and assess key information before the patient is discharged, helping your quality team identify and verify patient safety indicators (PSIs) and hospital-acquired conditions (HACs). An automated 3M system also helps improve communications between CDI reviewers and coders—yet another tool to help you decrease PSIs and HACs.
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