In today’s challenging environment, many healthcare providers are finding greater hospital success through rehabilitation partnership. Support through a rehabilitation joint-venture or acute management partner has resulted in 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.

Benefits of Partnership

Other reasons partnership is preferred over solely owned post-acute providers include:

  • Improved Patient Experience
  • Reduced Capital Expenditure
  • Scalability
  • Speed to Market
  • Ability to Focus on Core Competencies

To help ensure these are achieved, a suitable partner must possess qualities that will produce successful outcomes for the facility, staff and most importantly, its patients. When evaluating a potential partner, the following five qualities are key indicators of long-term success.

  1. Clinical and Quality Effectiveness: Providers should look for partners who have experience helping programs achieve top quality certifications while demonstrating clinical effectiveness with reduced readmission rates and better patient outcomes.
  2. Proven Track Record in Quickly Adapting to Industry Challenges and Optimizing Performance Based on Need: Suitable partners have already achieved impressive results for other healthcare providers, including helping them rebound faster than the industry from COVID-19. A partner should also have access to national rehab data and best practices.
  3. Robust Network of Medical Directors: Rehab programs are being impacted by the growing talent shortage, making strong medical directors a key component to any successful program – however, are oftentimes hard to identify and retain without the right partner.
  4. Patient Throughput Management: An effective partner should have a well-organized system for efficiently moving patients through the care continuum. Careful management ensures that patients enter rehab at the right time in their care journey and stay for the appropriate amount of time – reducing readmission rates, lowering per-patient costs and increasing patient satisfaction.
  5. Expert Regulatory and Compliance Team: The current changing regulatory environment makes it challenging to assure compliance. An ideal partner will be up to the task with a highly competent regulatory and compliance team specialized in rehab.

Read our latest white paper “Finding Rehab Success: Key Benefits of Partnership” to learn more about the benefits of partnership and key questions to ask.

By Kindred Hospital Rehabilitation Services