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:6/27/2016)... ... June 27, 2016 , ... TopConsumerReviews.com recently awarded their highest five-star ... , Millions of individuals in the United States and Canada wear eyeglasses. Once considered ... both correct vision and make a fashion statement. Even celebrities use glasses as a ...
(Date:6/26/2016)... ... , ... Brent Kasmer, a legally blind and certified personal trainer is helping to develop a ... fitness app plans to fix the two major problems leading the fitness industry today:, ... type program , They don’t eliminate all the reasons people quit their exercise ...
(Date:6/25/2016)... ... June 25, 2016 , ... "With 30 hand-drawn hand gesture ... said Christina Austin - CEO of Pixel Film Studios. , ProHand Cartoon’s package ... Final Cut Pro X . Simply select a ProHand generator and drag it ...
(Date:6/25/2016)... ... June 25, 2016 , ... Conventional wisdom preaches the benefits of moderation, ... the latter, setting the bar too high can result in disappointment, perhaps even self-loathing. ... toward their goal. , Research from PsychTests.com reveals that behind the ...
(Date:6/24/2016)... (PRWEB) , ... June 24, 2016 , ... ... Conference and Scientific Sessions in Dallas that it will receive two significant new ... the grants came as PHA marked its 25th anniversary by recognizing patients, medical ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)...   Bay Area Lyme Foundation , collaborating ... for Tick Borne Illness , Harvard Medical School ... Medicine, University of California, Berkeley, and the Veterans ... finalists of Lyme Innovation , the first ... scientists, clinicians, researchers, entrepreneurs, and investors from several ...
(Date:6/24/2016)... 24, 2016 The Academy of Managed Care ... that would allow biopharmaceutical companies to more easily ... make formulary and coverage decisions, a move that addresses ... medicines. The recommendations address restrictions in the ... the drug label, a prohibition that hinders decision makers ...
(Date:6/24/2016)... 24, 2016 Research and Markets has ... Companion Diagnostic Tests" report to their offering. ... Diagnostics The World Market for Companion Diagnostics ... diagnostics. Market analysis in the report includes the following: ... Vitro Diagnostic Kits) by Region (N. America, EU, ROW), 2015-2020 ...
Breaking Medicine Technology: