Tuesday, May 12, 2009

New Report: Home Health Care Saves Billions for Medicare

 Avalere Health Finds Home Health Use Saved $1.71 Billion for Medicare in 2005-2006

AHHQI Believes Medicare Could Realize More Than $30 Billion in Savings for Chronic Disease Patients in Next Ten Years By Expanding Access to Home Health

 

Early use of home health care services following a hospital stay by patients with at least one chronic disease saved Medicare $1.71 billion in the two-year 2005-2006 period, according to a study released today by Avalere Health LLC. The study, sponsored by the Alliance for Home Health Quality and Innovation (AHHQI), also found that an additional $1.77 billion would have been saved in the same period if all Medicare beneficiaries with similar chronic diseases had accessed home health care services. Approximately 12.7% of the savings is attributable to reductions in hospital readmissions, and it is presumed that the remaining savings accrue from avoiding more costly institutional settings. AHHQI believes that the unrealized savings identified in this study could allow Medicare to save $31.1 billion over the next ten years by expanding access to home health for chronic disease patients.....

New Report: Home Health Care Saves Billions for Medicare

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