65% of healthcare partnerships lead to cost savings, study shows
Healthcare DIVE July 7, 2017
Dive Brief:
- As they look to reduce healthcare costs and improve care, social determinant partnerships between healthcare organizations and community-based organizations (CBOs) are addressing immediate-term clinical needs, such as reducing hospital admissions or length of stay, according to a report from the Partnership for Healthy Outcomes.
- The report, Working Together Toward Better Health Outcomes, found that 65% of partnerships surveyed reported realizing cost savings.
- More than half of respondents in the survey of more than 200 healthcare-related programs said their partnerships include care coordination support to “better organize services across multiple providers.” However, fewer partnerships “reported providing services that address underlying social determinants to improve health in the long-term.”
Dive Insight:
More healthcare organizations are partnering in hopes...