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University of Virginia Health System: The Long-Term Acute Care Hospital Project
Transcript of University of Virginia Health System: The Long-Term Acute Care Hospital Project
The Long-Term Acute Care Hospital Project
The University of Virginia Health System
Long-term Acute Care (LTAC)
Decreases risk of infection
Decreases morbidity/ mortality
Increases patient morale
Better care setting for elderly
Solves for capacity issues
Long-term acute care facilities are required to be built within the original hospital structure.
CMS puts a moratorium on new long-term acute care facilities beginning January 2007.
5% minimum profit for new projects
$15 million capital investment
Reasons the board may not approve the project?
There could be future CMS regulations
What are the nonfinancial drivers?
LTAC supports only 1 of 3 legs of the mission
Supporting the medical school is highest priority
To build a LTAC facility:
Improves efficient patient turnover
Increases money available for patient care
Bills for both hospital stay and LTAC stay
Gains 25 bed days for each patient transfer
Can take 5 more admissions for each transfer