Does the use of hospitalists save money?
The definitive answer is “yes.” Repeated studies have shown a significant cost savings with the use of the hospitalist model of care. As an example, these savings are seen in the reduction of unnecessary tests and procedures as well as earlier discharge – all serving the best interests of the patient.
Yes. Many studies show that hospitalists can reduce hospital lengths of stay by more than 30 percent and reduce hospital costs by up to 20 percent. Case studies, compiled by The Advisory Board of Washington, D.C., demonstrate that hospitalists were successful in reducing lengths of stay and costs per case across every geographic region in the United States. That is one of the reasons why hospitals, insurers, and economic and quality forces are propelling the shift to hospitalists as a way to improve the efficiency of care for hospitalized patients.