Tuesday, September 3, 2013

Biggest Financial Threat Wisconsin Hospitals Face

The impact of an aging population, specifically the chronic disease processes present the single biggest threat to hospital finance.  Hospitals nation wide are being encouraged by Medicare policy to reduce inpatient readmission rates through closer attention to care transitions.

People are living longer.  The chronic disease processes accompany advanced age.  Research indicates chronic disease responds better to ongoing management than occasional treatment.  Ongoing management involves the sharing of a patient's needs between providers.  Care transitions is the sharing of a patient's needs between providers. 

Hospitals are being challenged to add value to their care delivery and documentation process by linking with community based organizations (www.homecarepath.com) that give secure participation in the varied transitions present with an inpatient discharge.  Hospitals will tighten up and strengthen communication with community based organizations to manage potential loss related to Medicare cost containment policy.

Attaching a valid pay source to Wisconsin individuals who's income ranges from above 100 percent to 200 percent of the Federal Poverty Level may include a larger investment in community (labor) coordination.  The County determination process may indicate through the functional eligibility screen the person is eligible, but financial (over assets)  income can send the individual to the health insurance exchange navigator for help.

Connecting more Wisconsin users of the health system to a valid pay source helps medical providers better manage the undesired symptoms that accompany the chronic disease processes. Home Care Path encourages readers to watch this issue as it unfolds over the next few months.

 You are cordially invited to download your free PATH ALONG app today

http://appsmakerstore.com/appim/j6kcdet8xvwk4s


 Home Care Path  www.homecarepath.com and the Wisconsin PATH ALONG model deliver an advanced supportive care service.  Helping seniors in the home, with clinic visits, at the hospital, nursing home and assisted living facility.  Helping seniors downsize with a move in to an adult child's home. 2013 rates are 20.00 per hour.  Simply call 608-432-4286 to schedule an interview.  We can be there when you are working.  We accept long term care insurance.  Services can be tax deductible.  Help with resources and the transition from private payment to public funded programming.  Valuing home and human life

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