Most health plans have keen insight on curbing costs for hospitalizations and emergency department use. Far fewer have the knowledge needed to tame the costs associated with post-acute care, such as reducing dependence on Skilled Nursing Facilities (SNFs), limiting the variability in home care quality and rates, and making sure members have what they need to be self-sufficient as they heal at home. Guiding care to the home is the single best way for health plans to bend the cost curve.
Listen to Gary Jacobs, Executive Vice President of Strategic Relationships of CareCentrix, as he discusses the importance of realizing the potential of post-acute care partnerships.
Post-acute care (PAC) can account for approximately 40% of a Medicare Advantage plan's cost for a 90-day episode of care. However, an integrated PAC solution has the potential to reduce total per episode costs by as much as 25%. Today, a number of systemic issues impede health plan efforts to reduce post-acute care costs, improve quality and simplify the administration of these services. But that is about to change with the introduction of new health plan and PAC partnership models built on value-based payment approaches.
WHAT YOU'LL LEARN:
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