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The Data. Crmc board report – August 2013. hospital strength index . Ivantage : N ew 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…)
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The Data Crmc board report – August 2013
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 - 2011 • CRMC Overall Composite Score: 79.54 • High score - Quality Index: 96.90 • Low score – Market Size & Growth: 7.45 • How do we compare?
TORCH Performance - 2011 • High Performers: Low Performers: • Kerrville 94.11 Linden 0.11 • Hamilton 93.91 Chillicothe 0.16 • Graham 92.94 Grimes 0.41 • Fredericksburg 91.90 Tahoka 0.29 • Childress 79.54 Borger 1.42 • Brownwood 79.29 Iraan 1.44 • Columbus 78.97 Kermit 1.56 • Other scores: Quanah – 6.32, Wellington – 38.45, Vernon – 36.87, Perryton - 12, Hereford – 7.22, Dalhart – 6.20, Dumas – 46.05
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?