Some $25 billion to $45 billion dollars is lost per year on poor transitions of care, meaning on the failing of the healthcare system to properly transfer a client from the care of one clinician in a certain setting to the care of another clinician in another setting. There are many reasons for this, but most often it happens due to lack of information sharing.
In this new white paper, Netsmart thought leaders look at the powerful impact improved transitions of care can have on individuals with mental illness; as many as 68 percent of adults with mental health conditions also have medical conditions. The improvements include increased client safety, greater efficiency, eliminated redundant or unnecessary testing, better engaged clients, improved public health reporting and monitoring and reduced healthcare costs. There is also an opportunity to reduce hospital readmissions by as much as 30 percent. Netsmart provides best practices and tactics for accomplishing these improved transitions through real examples, happening today, in the healthcare community. They also look at several financial reasons for focusing on improving transitions of care.