Navigation Links
VHI Releases Annual Industry Report - Highlights Hospital, Nursing Facility Efficiency
Date:12/11/2009

RICHMOND, Va., Dec. 11 /PRNewswire-USNewswire/ -- Virginia Health Information (VHI) released its 2009 Industry Report: Virginia Hospitals and Nursing Facilities, which identifies the most efficient and productive hospitals, nursing facilities and other health care providers. The report contains important information for businesses and health care purchasers including data on providers' costs, profits and charity care.

The 2009 Industry Report also contains a Composite Efficiency and Productivity Score (CEPS) -- an overall efficiency ranking for hospitals which considers indicators on cost, productivity and utilization. "This new, composite efficiency score lends greater transparency to the value of the health care dollar," said Michael Lundberg, VHI Executive Director. The following hospitals achieved a CEP Score among the top ten percent of all hospitals in the state:

Riverside Walter Reed Hospital, Gloucester

Winchester Medical Center, Winchester

Bon Secours Memorial Regional Medical Center, Mechanicsville

Inova Fairfax Hospital, Falls Church

Sentara Bayside Hospital, Virginia Beach

Sentara Leigh Hospital, Norfolk

Virginia Hospital Center, Arlington

The CEP Score takes into consideration factors related to cost, productivity and utilization. However, the Industry Report contains a total of eighteen hospital indicators including charity care contributions, staffing levels, profit margins and average costs and payments per admission. Virginia hospitals continued their trend of increasing charity care, providing more than $1.4 billion dollars in uncompensated care to patients -- nearly four percent of gross patient revenue.

The Industry Report is targeted to the needs of employers and purchasers of health care, and the data has been used for more than a decade to help build networks and negotiate provider contracts. It was developed collaboratively among VHI, health care providers and principal investigator, Dr. Ramesh K. Shukla while at the Williamson Institute at Virginia Commonwealth University.

Information from the 2009 Industry Report is also online at www.vhi.org along with additional information on hospital quality of care. Contact Virginia Health Information at 1-877 VHI-INFO or info@vhi.org.



CONTACT:
Michael T. Lundberg, Executive Director
Virginia Health Information
Phone:  804-644-7026
Toll Free:  1-877-VHI-INFO
E-mail:  Michael@vhi.org
Web Site:  www.vhi.org

SOURCE Virginia Health Information


'/>"/>
SOURCE Virginia Health Information
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Cleveland Clinic Press Releases Journal-Writing Book Write for Life: Healing Body, Mind, and Spirit Through Journal Writing by Sheppard B. Kominars, Ph.D.
2. Leading Child Abuse Center Releases Back to School Tips to Protect Children From Internet Predators
3. JHA Releases 2007 U.S. Group Disability Mid-Year Market Survey Results
4. Verdict One Releases Directory of Board Certified Attorneys for Consumers
5. Academy releases emergency preparedness tools to enable millions more people to shelter in place
6. Provectus Pharmaceuticals, Inc. releases summary results of phase 1 metastatic melanoma study
7. MITEM Releases Blue Iris eLaborate 8.6
8. Produce for Better Health Foundation Releases Statement on Study Saying Fruit & Vegetable Consumption Not Strongly Associated With Colon Cancer Risk
9. Patient Safety Authority Releases Advisory Focusing on Common Causes of Medication Errors
10. URAC Releases Issue Briefs Examining Stakeholders Views of Care Coordination Along the Healthcare Continuum
11. Cardiac Science Releases New Cardiac Rehabilitation System
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/25/2017)... ... July 25, 2017 , ... Centurion Service Group ... Regional Account Manager for the Northeast and Florida regions. In this role, Jennifer ... obsolete medical assets. , Jennifer joins Centurion with a wealth of knowledge and ...
(Date:7/25/2017)... Texas (PRWEB) , ... July 25, 2017 , ... ... fastest growing ATM provider in the United States, today announced its partnership with ... financial institutions. , The foundation of the solution lies within Hyosung’s superior ...
(Date:7/24/2017)... ... July 24, 2017 , ... Engineers at the University of Maryland have ... same kind of electrical energy that the body uses. , In ordinary batteries ... flow of electrons out of the battery is generated by moving positive ions from ...
(Date:7/24/2017)... (PRWEB) , ... July 24, 2017 , ... ... the federal Substance Abuse and Mental Health Services Administration’s (SAMHSA) State Targeted Response ... California Department of Health Care Services, will facilitate the development of a hub ...
(Date:7/24/2017)... (PRWEB) , ... July 24, 2017 , ... Every year, ... invigorating and educational conference, InstructureCon. Each annual event is coupled with a dynamic theme ... with a James Bond theme, Mission: InstructureCon 0017. , To extend their partnership ...
Breaking Medicine News(10 mins):
(Date:7/12/2017)... LOS ANGELES , July 12, 2017 CarpalAID is ... without drugs, braces or surgery. Carpal tunnel syndrome affects ... tunnel syndrome at twice the rate of men. The common methods ... steroids, or mobilization with uncomfortable hand braces or gloves. ... CarpalAID is a ...
(Date:7/11/2017)... , July 11, 2017 Zymo Research Corp., also known ... that can quantify biological aging in a precise manner using the myDNAge ... Steve Horvath , a professor of human genetics and biostatistics at the ... School of Public Health , Zymo Research,s proprietary DNAge ™ technology ... ...
(Date:7/11/2017)...  The global market for liquid biopsy diagnostic and ... in 2016.  Although in early stages, the global market ... as a result of the gradual shift towards personalized ... of a significant number of new liquid biopsy tests ... biomarkers to guide treatment decisions. ...
Breaking Medicine Technology: