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Geriatric care management reduces Medicare losses
M Parker1, D W Heiss, M J Harris
1LinkAge, Minneapolis, MN.
Summary
Implementing a geriatric care management system can help hospitals reduce healthcare costs for elderly Medicare patients. This system improves patient care and satisfaction while lowering unnecessary hospital expenses.
Area of Science:
- Geriatric Medicine
- Healthcare Management
- Health Economics
Background:
- Rising healthcare expenditures for the elderly population in the U.S. present a significant challenge.
- Hospitals face increasing pressure to control costs associated with medically complex Medicare patients.
Purpose of the Study:
- To evaluate the effectiveness of a geriatric care management system in reducing hospital costs.
- To outline a process for identifying, treating, and assessing geriatric care management services for Medicare patients.
Main Methods:
- Development and implementation of a structured geriatric care management system.
- Identification of elderly patients requiring specialized geriatric care.
- Efficient treatment protocols and system assessment strategies.
Main Results:
- Demonstrated potential for significant cost savings for hospitals.
- Observed improvements in patient care quality.
- Increased patient satisfaction rates.
Conclusions:
- Geriatric care management systems offer a viable strategy for hospitals to manage costs.
- Effective implementation leads to both financial benefits and enhanced patient outcomes.
- This approach is crucial for addressing the healthcare needs of the elderly Medicare population.