Patients who receive care in a for-profit hospital are more likely to be readmitted than those who receive care in non-profit or public hospitals, according to a new study conducted by University of Illinois at Chicago researchers, writes Healthcare Finance News. The study analyzed readmission data obtained from the national Hospital Readmission Reduction Program from 2012 to 2015 for six major and common diseases: heart attack, heart failure, coronary artery bypass surgery, pneumonia, chronic obstructive pulmonary disease and total hip or knee replacement surgery. They found that across all six major diseases there was a statistically significant difference in readmission rates based on type. Hospitals with fewer readmissions than expected, based on a government ratio accounting for disease severity, were primarily public and nonprofit. Hospitals with more readmissions than expected were dominated by for-profit hospitals.
- Proprietary management and higher readmission rates: A correlation. Plos One. September 18 2018
- Healthcare Finance News: https://www.healthcarefinancenews.com/news/profit-hospitals-correlated-higher-readmission-rates-study-finds