These are the hospitals that set the bar for the nation when it comes to value.
Brentwood, TN (PRWEB) December 20, 2009
Data Advantage, LLC recently named two QHR management clients to its “Top 100 Hospitals: Best in Value Hospitals” list. Fort Madison Community Hospital (Fort Madison, Iowa), a QHR management client since 1982, and Monroe County Hospital (Monroeville, Ala.), a QHR management client since 1979, were lauded by the company, which specializes in providing hospitals and other healthcare-related businesses with independent and objective business intelligence.
“These are the hospitals that set the bar for the nation when it comes to value. If every hospital performed at the level of the Top 100, we found that more than $60 billion per year could be saved,” said Hal Andrews, CEO of Data Advantage. “The Hospital Value Index winners … have a proven ability to deliver high value care to their communities and represent a model of care that other U.S. hospitals should look to.”
“This is deserved recognition for CEOs James Platt and Vincent Defranco, and their teams at Fort Madison Community and Monroe County hospitals,” said QHR President and CEO James L. Horrar. “The success they’re achieving clinically, financially and operationally is commendable. I’m pleased and proud to call them a part of the QHR family.”
Data Advantage’s 2009-2010 Hospital Value Index study analyzed the value of care provided at more than 4,500 acute-care hospitals across the United States. Researchers considered a variety of public data on hospital quality, price, efficiency and patient satisfaction in determining their outcomes. Specifically, they looked at:
- Quality, including CMS’s Core Measures, patient safety, mortality and readmission rates;
- Efficiency, including the relative measure of the cost to the hospital for providing services;
- Affordability, a relative comparison of prices charged for inpatient and outpatient services; and
- Patient Satisfaction as measured by HCAHPS.
For more information, visit http://thehealthcarevalueblog.com/hospital-value-index.
QHR (Quorum Health Resources) has provided consulting, management and education resources to hospitals and health systems for three decades. QHR is the national market leader in hospital management and among the 10 largest healthcare management consulting firms in the United States. The QHR Learning Institute trains nearly 8,000 healthcare professionals each year. For more information, go to http://www.qhr.com.