2 Ways Patient-Centric Attitude Can Generate Healthcare Cost-Savings

Patient-centric medicine has become the top philosophy for physician practices to adhere to and with good reason. Here are two ways adopting a patient-centric attitude can lead to cost savings, according to a Medpage Today report.

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•    Follow-up visits reduce readmissions. In the case of myocardial infarction patients, 31 percent of patients without a follow-up visit were readmitted to the hospital, while only 1 percent of patients that received a follow-up visit were readmitted.
•    Physicians can receive $100 more for new transitional care management billing code from CMS. To use this code, as opposed to a regular evaluation and management code, physicians’ offices must make contact with the patient two days post-discharge and make a follow-up appointment at seven days for high complexity patients and at two weeks for moderate complexity patients.

 

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