For Healthcare Questions call 1.866.KINDRED
Download this article as a PDF
The current strain on America’s health system has led many healthcare providers to seek partnership from dedicated experts. This is especially true for rehabilitation. Finding greater expertise and support through a joint venture or acute rehabilitation management can result in significant quality improvement, cost savings and high-demand service line optimization. While the healthcare landscape has never been more challenging, this is a time of great opportunity.
This article outlines how finding rehab partnership through a joint venture or unit management can support healthcare providers, the key qualities to look for in a partner and the top questions to ask a potential partner.
Healthcare executives find partnerships preferable for a few key reasons, according to a survey by Deloitte.1 These reasons include:
In a survey of healthcare executives, partnership was preferred over solely owned post-acute providers.1 Reasons included:
• Improved patient experience • Reduced capital expenditure • Scalability • Speed to market • Ability to focus on core competencies
While the benefits are clear, not all partners are created equal. When evaluating a potential partner, the following five qualities are key indicators of long-term success.
Receiving support from a third-party team of rehab experts enables healthcare providers to reach the highest levels of performance in this niche and highly-regulated space. This allows them to best serve patients recovering from COVID-19, optimize hospital operations and efficiency, and improve overall patient satisfaction and care quality. Kindred Hospital Rehabilitation Services (KHRS) serves over 150 hospital-based rehab programs, optimizing program features ranging from infection control and clinical best practices around COVID-19, to staffing and appeals. Their accomplishments include successful appeal of 90% of all claims they manage, as well as a 99% reduction of management vacancies.
Further assess the quality of a potential partner by asking targeted questions:
To learn more about partnership options that will enhance your program’s success, contact KHRS today.
contact us
Receive research and industry news for rehabilitation services
3 Proven Ways Technology Drives Business Results
Increasing Rehab Patient Engagement Through Technology