The Centers for Medicare & Medicaid Services announced the addition of 17 partnerships to the Community-based Care Transitions Program.
Created by the Affordable Care Act, the CCTP tests models for improving care transitions from the hospital to other settings and reducing readmissions for high-risk Medicare beneficiaries, while documenting measurable savings to the Medicare program.
Launched with seven organizations in November 2011, the CCTP added 23 more in March and 17 more on Friday. Up to $500 million in funding is available to participating community-based organizations through 2015.
Nearly one in five Medicare patients discharged from a hospital is readmitted within 30 days, at a cost of more than $26 billion a year, according to CMS, which wrote that “identifying the key drivers of readmissions for a hospital and its downstream providers is the first step toward implementing the appropriate interventions necessary for reducing readmissions.”
For details on the 17 new partnerships, including their strategies and the participating facilities, see www.innovations.cms.gov/initiatives/Partnership-for-Patients/CCTP/CCTP-Round-3.html.
The final set of applications for the program are due Sept. 3 for review Sept. 20, although applications may also be accepted and reviewed at a later date if funding permits. For more information on the program, including how to apply, see www.innovations.cms.gov/initiatives/Partnership-for-Patients/CCTP/index.html.