Maximizing Healthcare Efficiency and Value Through Innovative Programs
Discover how Maxim Healthcare Services is putting the pieces together to improve program savings and performance, enhance homecare value, and reduce readmission rates for high-risk patients. Gain insights into the annual cost comparison between nursing home and private duty nursing care. Learn from Dr. John Langley, Senior Vice-President and Chief Medical Officer at Maxim Healthcare Services, as he shares his gratitude and insights on maximizing healthcare efficiency and value.
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Presentation Transcript
CBCM-UMSJMC Program Performance Program Readmission Rate Readmission Rate for High Risk Patients not Enrolled in the Program* 65% Reduction in Readmissions Note the convergence of the trend lines for the program readmission rate and the readmission rate for high-risk patients not enrolled in the program
Everyone accepts the value of Homecare $1,433.11 Day of Hospital Care $506.37 Day of Nursing Home Care $293.40 Day of PDN Home Care Table 5: Annual Cost Comparison Nursing Home and Private Duty Nursing Nursing Home/Medically Fragile $184,825 Private Duty Nursing - LPN ( 12 hrs or less) $107,091 $0 $40,000 $80,000 $120,000 $160,000 $200,000 Source: Health Management Associates (FL Medicaid data) 4
THANK YOU W. John Langley, M.D., FAAP Senior Vice-President and Chief Medical Officer Maxim Healthcare Services
