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:6/25/2016)... ... June 25, 2016 , ... The temporary closing of Bruton Memorial Library on June ... , brings up a new, often overlooked aspect of head lice: the parasite’s ability to ... is not a common occurrence, but a necessary one in the event that lice have ...
(Date:6/25/2016)... ... June 25, 2016 , ... On Friday, June 10, ... Bronze Wellness at Work award to iHire in recognition of their exemplary accomplishments in ... the 7th annual Maryland Workplace Health & Wellness Symposium at the BWI Marriott in ...
(Date:6/24/2016)... ... ... crisis. Her son James, eight, was out of control. Prone to extreme mood shifts and ... him, he couldn’t control his emotions,” remembers Marcy. “If there was a knife on ... say he was going to kill them. If we were driving on the freeway, ...
(Date:6/24/2016)... ... 2016 , ... Topical BioMedics, Inc, makers of Topricin and MyPainAway Pain Relief Products, join The ... raise to $12 an hour by 2020 and then adjusting it yearly to increase at ... the minimum wage, assure the wage floor does not erode again, and make future increases ...
(Date:6/24/2016)... ... June 24, 2016 , ... Strategic Capital Partners, LLC (SCP) ... obtaining investment capital for emerging technology companies. SCP has delivered investment events ... in more than a million dollars of capital investment for five companies. ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... The Academy of Managed Care Pharmacy (AMCP) ... would allow biopharmaceutical companies to more easily share health ... and coverage decisions, a move that addresses the growing ... The recommendations address restrictions in the sharing of ... label, a prohibition that hinders decision makers from accessing ...
(Date:6/24/2016)... 2016   Pulmatrix, Inc ., (NASDAQ: ... drugs, announced today that it was added to the ... its comprehensive set of U.S. and global equity indexes ... important milestone for Pulmatrix," said Chief Executive Officer ... our progress in developing drugs for crucial unmet medical ...
(Date:6/23/2016)... -- Any dentist who has made an implant supported denture ... of them do not even offer this as a viable ... costs involved. And those who ARE able to offer that ... cost that the majority of today,s patients would not be ... , founder of Dental Evolutions Inc. and inventor of Implanova ...
Breaking Medicine Technology: