How We Answer the Long-Term Care Question
November 22, 2013 § Leave a comment
We applaud WBUR’s Cognoscenti for their series “Policy for a Healthy America.” It is a special series presented by Cognoscenti and Northeastern University’s School of Public Policy & Urban Affairs that puts the U.S. healthcare industry under a microscope to examine an array of issues.
For its most recent installment, entitled “To Stay at Home or Not to Stay at Home: That is the Long-Term Care Question,” the series brought to light one of the major issues we think about each day at Commonwealth Care Alliance: aging at home.
Our CEO, Dr. Robert Master, was featured discussing our vision for keeping patients in their homes whenever possible. How are we able to do that?
We take the dollars Medicaid and Medicare have budgeted for them; and we take responsibility for the totality of their care: medical, hospital, nursing home, pharmacy, home health.
Because we save on hospital and nursing home expenses, we can spend 4 to 5 times as much on the home care and medical equipment that make it possible for patients to remain independent and living in the community.
The results speak for them themselves:
Our patients are hospitalized roughly half as often as patients cared for in the old fee-for-service model. Only 4 percent of our patients are readmitted to hospitals within 30 days (compared with 13 percent of their peers, on average). We see significant reductions (to 34 percent of the norm) in permanent nursing home placements. Our cost trend over the past nine years is significantly lower that Medicare as a whole. And independent rankings for quality of care place us among the highest in the nation.
Read the whole article here: http://cognoscenti.wbur.org/2013/11/20/series-long-term-care-alice-bonner-robert-j-master