News roundup: AppOne adds Wachovia to business … B.R. picked for pilot Medicare program

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In the family: Wachovia Dealer Services has joined the AppOne platform, allowing the company to finance vehicle sales through independent auto dealers. Wachovia is the nation’s fifth largest auto finance company. Baton Rouge-based AppOne works as a bridge between finance companies and independent auto dealers, and the company recently moved into boat sales.

One of 14 cities in study: Baton Rouge has been selected by Medicare as one of 14 cities for a pilot program to reduce unnecessary hospital readmissions, the Miami Herald reports. Medicare officials say nearly one in five elderly patients who leave the hospital are readmitted within a month, and the vast majority of readmissions are potentially preventable. Other cities participating in the pilot program include Miami, Tuscaloosa, Ala., and Omaha, Neb.

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