Hospitals are making significant progress to reduce readmissions in an effort to improve quality and lower healthcare spending. Unfortunately there isn’t a one-size-fits-all solution to preventing hospital readmissions. There are many variables outside of hospitals’ direct control, such as social determinants and patient lifestyle factors, which can impact readmissions.
In a report authored in part by former Senators Tom Daschle and Bill Frist, the Bipartisan Policy Center (BPC) recently issued groundbreaking recommendations for improving long-term care (LTC) financing. The report contains policy proposals detailed with specific steps policy makers should take to proactively tackle the issue of financing LTC for the elderly.
Skilled nursing hasn’t escaped the sweeping changes affecting how health care is delivered and paid for in this country. But unlike the rest of the seniors housing and care industry, which has experienced a significant surge of capital, skilled nursing has received less investment dollars—even though the sector demonstrates a need, as it’s been affected by the policy and regulatory changes in recent years.