Here are six takeaways:
1. Truven’s best performing systems include the top five from three categories based on operating expenses:
- Large systems generating expenses of more than $1.75 billion
- Medium-size systems generating between $750 million and $1.75 billion
- Small systems with less than $750 million in operating expenses
2. The 15 selected were from 338 health systems across the United States. Each was evaluated based on publicly available government data looking at nine performance measures, including death rates, complications, 30-day readmissions and lengths of stay.
3. Complication rates at the top-performing systems were 15.1 percent lower than their peers. Mortality rates were 14.7 percent lower among the top-ranked hospitals.
4. Emergency department wait times were 12.3 percent shorter at the hospitals that were among the top-performing systems.
5. Top-performing systems reported 2.7 percent better patient-experience scores than their peers.
6. The percentage difference between the top health systems and their peers on Medicare spending decreased from 5.2 percent in last year’s analysis to 4.9 percent this year.
More articles on practice management:
Walgreens curbs drug abuse in California — 4 notes
3 quick facts on Texas City Orthopedics’ updated website
How to integrate predictive analytics into a practice — 4 suggestions
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
