Improving population health: creating the foundation for success in a risk-based reimbursement model
Improving population health: creating the foundation for success in a risk-based reimbursement model
Client
Virginia Hospital Center (VHC) is a 250 bed community hospital in Virginia and a regional and national leader focused on high value care.
Situation
VHC, long focused on improving quality inside its walls, was looking to impact quality of care in its post-acute market, both to improve their own internal operations and reduce Medicare cost per beneficiary in preparation for planned moves to risk-based reimbursement models.
Action
VHC contracted with Aidin to use its care transition management tool across the entire hospital. Aidin identified additional high quality providers in the community, increasing the typical outreach pool by 50%, and ensuring a higher potential for high quality placement for each individual patient. The Aidin system furnished patients with easy to understand comparisons of available options and removed the effort of communication with post-acute providers.
Results
7 to 1
ROI
Aidin delivered a 7 to 1 ROI for VHC
1/3 Day
Reduced LOS
Reduced LOS by an average of
1/3 day
5%
Reduced readmissions
Reduced re-admissions by an additional 5% (on top of an existing campaign)
Strengthened partnerships & opportunities
Strengthened partnerships and identified potential for additional partners and collaborations
Risk-based agreements
VHC will use Aidin to facilitate entry into risk-based agreements