CRMC BOARD REPORT – AUGUST 2013 THE DATA. HOSPITAL STRENGTH INDEX Ivantage: New England aggregator that focuses on rural hospital performance 2011 data.

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Presentation transcript:

CRMC BOARD REPORT – AUGUST 2013 THE DATA

HOSPITAL STRENGTH INDEX Ivantage: New England aggregator that focuses on rural hospital performance 2011 data compilation: all from publicly available sources (cost report, MEDPAR, HCRIS, core measures, HCAHPS, HHI, etc…) 8 indicators that are percentile ranked: Competitive strength: facility HHI (herfindahl, hirschman index) Competitive intensity: market competitor’s HHI Market size/growth: 5 year demand projection Quality: process of care measures (AMI, HF, PN, SCIP, outpatient) Outcomes: mortality, readmission, safety Patient perspective: HCAHPS definitely recommend and overall quality Cost and charges: case weighted i/p and o/p charges and cost Financial stability: debt ratio, liquidity, capital efficiency, resource availabilty

CRMC PERFORMANCE CRMC Overall Composite Score: High score - Quality Index: Low score – Market Size & Growth: 7.45 How do we compare?

TORCH PERFORMANCE High Performers:Low Performers: Kerrville94.11Linden0.11 Hamilton93.91Chillicothe0.16 Graham92.94Grimes0.41 Fredericksburg91.90Tahoka0.29 Childress79.54 Borger1.42 Brownwood79.29Iraan1.44 Columbus78.97Kermit1.56 Other scores: Quanah – 6.32, Wellington – 38.45, Vernon – 36.87, Perryton - 12, Hereford – 7.22, Dalhart – 6.20, Dumas – 46.05

TORCH PERFORMANCE

TORCH PERFORMANCE – 2011 (CONTINUED)

CONCLUSION Choices on Change: 1. fight it and die 2. accept it and survive 3. lead it and prosper “Leadership is learning faster than the world is changing.”- Dan Stultz Questions/Comments?