About 21% of New Hanover Regional Medical Center’s Revenue is Contributed by 30 Day Readmissions, While the National Average is Nearly 26%
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By: Emily Carpintero Nov. 21, 2017
North Carolina had the 11th highest volume of Medicare inpatient discharges in the nation, accounting for 3.22% of discharges between October 2015 and September 2016. Along with total Medicare inpatient discharge volume, Dexur analysts identified total Medicare inpatient payments, total percentage of revenue contributed from 30 day readmissions and the percentage of total days from length of stay (LOS) contributing to 30 day readmissions. You can read about 30 day readmission contribution to revenue and percentage of days from length of stay contributing to 30 day readmissions, as well as how this data is calculated here.
According to Dexur data, the leading hospital in North Carolina for Medicare inpatient discharge volume between October 2015 and September 2016 was New Hanover Regional Medical Center in Wilmington. The hospital was founded in 1967 and currently holds several accreditations and national awards. New Hanover Regional Medical Center has accomplished a five-star rating for knee-replacements every year for over a decade. It has also been noted that they have high quality care for cardiac arrest patients; they treat these patients 40 minutes faster than the national average.
Looking at the table below, Dexur analysts identified the percentage of revenue contributed from 30 day readmissions from Medicare inpatients and the percentage of days from length of stay (LOS) contributing to 30 day admissions from Medicare inpatients at the national, state, and hospital level between October 2015 and September 2016.
| Hospital Name | Total Medicare Inpatient Discharges | Total Medicare Inpatient Payments | 30 Day Readmission Medicare Inpatient Revenue Contribution % | 30 Day Readmission Medicare Inpatient LOS Contribution % |
|---|---|---|---|---|
| Total, U.S. | 10,893,308 | $122,976,827,094 | 25.72% | 27.07% |
| Total, NC | 350,429 | $3,597,879,282 | 23.24% | 24.86% |
| New Hanover Regional Medical Center | 17,168 | $188,166,677 | 20.57% | 23.26% |
The national hospitals’ average percentage of revenue contribution from 30 day readmissions of Medicare inpatients is 22.48% lower than the national average at 23.24%. New Hanover Regional Medical Center is below the national and state average for both revenue contribution from 30 day readmissions and the average percentage of days from LOS from 30 day readmissions that contributed to revenue from Medicare inpatients. Its average is 5.15% less than the national average for revenue contributed by 30 day readmissions and 2.67% less than the state average. New Hanover Regional Medical Center also has a small gap of only 2.66% between their revenue contributed by 30 day readmissions and the average percentage of days from LOS from 30 day readmissions that contributed to revenue. New Hanover Regional Medical Center was able to treat a high volume and array of patients, while successfully keeping below the national and state averages and minimizing cost for care.
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- All categories treated at New Hanover Regional Medical Center with total Medicare inpatient discharges, total Medicare inpatient payments, percent of revenue contributed by 30-day readmissions and the average percentage of days from LOS from 30 day readmissions that contributed to revenue from Medicare inpatients
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