Hospitals

Hospitals save money by reducing 30-day readmission rate

Hospitals are under enormous pressure to reduce costs. The failure of patients to take their medications regularly results in more than $100 billion spent each year on avoidable hospitalizations.

For the elderly, Medicare no longer reimburses for hospital stays shorter than 30 days after discharge. A significant percentage of complications after discharge is due to patients not understanding their medication regimens and not being able to manage their post-hospital needs.

The Compliance for Life Transition-of-Care Program is part of the discharge process for any patients who are required to take medication and go to physicians for follow up. Patients are enrolled in the program at the hospital and all medication and appointment reminders are set up. Once the patient arrives home reminders will be delivered at the appropriate times.

For hospitals, Compliance for Life delivers a wide-range of solutions to:

• Reduce avoidable hospitalizations
• Lower the 30-day readmission rate
• Decrease the number of no-shows at follow-up appointments

Contact iReminder to discuss how Compliance for Life can save your hospital money while increasing patient adherence to medications.

Hospital Discharge Statistics

Studies of patients recently discharged from the hospital have found that:

• < 50% of patients could state their diagnosis
• < 50% of patients could list all their medications
• < 25% of patients could state common side effects and what to expect from their medications
• Patients taking three or more medications were more likely to have problems with medication knowledge