Michigan hospitals save $116M

Michigan hospitals have collaborated to improve care and reduce patient readmissions, and the efforts have paid significant dividends: an estimated $116 million in savings between 2011 and 2012, according to a new report from the Michigan Health & Hospital Association's Keystone Center. The 117 hospitals involved in the collaborative were able to dramatically reduce catheter-related urinary tract infection rates, cut hospital-acquired pressure ulcers and decrease early elective births. The mortality rate for sepsis patients also dropped by more than a third. Read the full story at FierceHealthcare.