Research shows that nearly 50% of all acute care discharges nationwide go to a post-acute setting.1 To prevent readmissions and control costs, it is critical for patients to have access to the right post-acute care. One setting that continues to see substantial growth across the care continuum is inpatient rehabilitation.
Inpatient rehabilitation, whether through an inpatient rehabilitation facility (IRF) or hospital-based acute rehabilitation unit (ARU), provides the specialized expertise patients need to meet their recovery goals and return home. Outcomes can be amplified when a hospital partners with a post-acute provider to help manage the ARU or IRF.
The rise in demand for IRF and ARU joint venture and contract management partnerships can be attributed to several factors, including:
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- Access to national and local resources to aid in effective care delivery
- Extensive clinical training and support
- Strong financial performance
- Consistent regulatory support
- Ability to treat a wide range of medically complex patients
- Help alleviate administrative burdens of developing and running a rehabilitation program
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Other benefits based on partnership type include:2
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Joint Venture |
Contract Management |
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What Makes a Good Partner? 5 Top Qualities
While the benefits of a partnership are significant, finding the right one is critical. To truly succeed, you need a partner that aligns with your hospital’s unique needs, mission and vision, because not all joint venture or acute rehab management partners are created equal.
Keep reading to learn the top 5 qualities to look for in a rehabilitation partner.
References:
- https://vmghealth.com/thought-leadership/blog/strategic-partnerships-in-the-inpatient-rehabilitation-industry-highlights-opportunities-and-risks/
- https://www.advisory.com/topics/post-acute-care/2021/03/getting-the-most-out-of-hospital-post-acute-partnership
