Quorum Health Resources hospital clients Rutherford Hospital Inc. (Rutherfordton, N.C.), a management client since 1983, and Sturgis Hospital (Sturgis, Mich.), a management client since 1992, were recently recognized as top-ranked Community Value Providers by Cleverley + Associates.
Brentwood, Tenn. (PRWEB) December 17, 2009 -- Quorum Health Resources hospital clients Rutherford Hospital Inc. (Rutherfordton, N.C.), a management client since 1983, and Sturgis Hospital (Sturgis, Mich.), a management client since 1992, were recently recognized as top-ranked Community Value Providers by Cleverley + Associates. Cleverley + Associates, a healthcare financial consulting firm specializing in operational benchmarking, released the findings as part of its new publication: State of the Hospital Industry (2009 Edition).
“We are incredibly proud of the work being done at both Rutherford Hospital and Sturgis Hospital,” says QHR President and CEO James L. Horrar. “Under the leadership of veteran CEOs David Bixler and Rob Labarge, they deliver real value to the communities they serve. They’re not only quality healthcare providers, but also dedicated community partners.”
According to Cleverley + Associates, the Community Value Index contains four core areas of evaluation: financial viability and plant reinvestment, cost structure, charge structure and quality performance. Each area contains metrics that compare a hospital’s performance to an appropriate peer group. The combined performance in each area is the Community Value Index® score. Those hospitals with scores in the top 20 percent are designated as “Five-Star” facilities. A subset of this group is the “Top 100,” which contains the highest scoring facilities in the country; both Rutherford Hospital and Sturgis Hospital ranked in this category.
Measurement in the CVI’s four core areas suggest that hospitals operating with a high degree of community value are those that are low cost, low charge, use a strong financial position to reinvest back into the provision of care at the facility, and provide high quality care to patients, Cleverly + Associates says.
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 www.qhr.com.
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