$500 million of the Partnership funds will be spent to prevent complications in patients discharged from the hospital, which would mean "more than 1.6 million patients would recover from illness without suffering a preventable complication requiring re-hospitalization within 30 days of discharge," according to the campaign's website.
There won't be financial incentives for actually participating, but those will come in other regulations stemming from the ACA, such as the Value-Based Purchasing program, which penalize hospitals with higher than expected rates of certain types of preventable harm.
"Our hope is that that state consortia and large systems and associations will be eligible for these funds, which will help support local learning and improvement activity," McCannon says.
If successful, the two strategies to prevent hospital-acquired conditions and readmissions could save up to $35 billion dollars including up to $10 billion in Medicare savings, over the next three years—considerably more than the $1 billion spent to make it work.
I welcome the effort. If nothing more, it will help raise awareness throughout the healthcare system that patient harm remains a growing crisis that can, and must be, reversed.