1. Explain why hospitals readmissions are so costly for health systems or third-party payers. Explain your answer from the perspective of the three major stakeholdersproviders, patients, and payersand your analysis of the current reimbursement environment.
2. Identify and analyze one of the leading causes of hospital readmissions over the past 5 years. In your opinion, outline how each of the three major stakeholders can implement a process or procedure to reduce their contribution to the readmission cycle.
3. Describe how the transition for premodern reimbursements programs such as (P4P or DRGs) to current value-based compensation programs can potentially further reduce hospital readmission rates. Please provide a detailed example in your response.