readmission is $13,000, with a 25.1 percent readmission rate. This is 118 percent the cost of an initial admission for CHF, which costs $11,000 on average. “Post-acute home care is often shared among informal caregivers and formal service providers. A study showed that up to 93 percent and 63 percent of elderly patients received informal and formal services” (Li & Nancy, 2004). Informal caregivers assist the elderly with activities of daily living, instrumental activities of daily living, and are involved…
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