In an analysis released today, Avalere, a healthcare research and consulting firm, found that the CareCentrix model of technology-enabled and coordinated post-acute care results in lower hospital readmission rates and a reduction in skilled nursing facility expenditures. CareCentrix, which is based in Hartford, CT, uses analytics to determine the appropriate site for post-acute care. It then provides support and coordination for patients and their families throughout care transitions, including to and from skilled nursing facilities, and through home health, home durable medical equipment, home infusion and home sleep services.
The report compared a Medicare Advantage population managed by CareCentrix to a statistically similar non-CareCentrix managed cohort. The report found the CareCentrix-managed cohort had:
• Readmission rates up to 22% lower during the initial 30-, 60- and 90-day periods following discharge
• A 21% reduction in emergency department (ED) visits compared to the baseline pre-discharge ED visits, greater than the 10 percent reduction in non-CareCentrix cohort
• A 71% reduction in skilled nursing facility expenditures following discharge compared with a 47% cost reduction in the non-CareCentrix group.
Moreover, costs across major disease categories were all lower for the CareCentrix managed cohort: musculoskeletal (47%), digestive (21%), respiratory (21%), circulatory (17%) and nervous (12%) disease.
