Recently, Thomson Reuters listed their Top 100 Hospitals for 2011. What do they all have in common? According to this article, “they are battling the weak economy through initiatives to improve operational efficiency, cut costs and improve performance.”
Among their findings, this year’s group had higher profits, lower expenses and shorter lengths of stay then their peers.
This was how they selected their Top 100 List.
“To select the top 100 hospitals, or benchmark institutions, hospitals with at least 25 beds were scored against others within the same category: Major teaching hospitals (400 or more beds and high levels of physician education and research); teaching hospitals (200 or more beds and some physician education) and three tiers of community hospitals: large (250 or more beds), medium (100-249 beds) and small (25-99 beds). A total of 2,914 hospitals were included in this year’s study.
Hospitals in the top 100 must score well as compared with others in their size/teaching-status category, based on a composite score of the 10 measures. The top 100 hospitals also must score at least at the median level of performance on each of the 10 measures evaluated in the study.
Data for the Thomson Reuters’ analysis came from the Medicare Provider Analysis and Review data set for 2008 and 2009, Medicare cost reports for 2009, CMS’ Hospital Compare data from 2006 to 2009, and CMS’ Hospital Consumer Assessment of Healthcare Providers and Systems survey data for 2009.
Hospitals that did not indicate in Medicare claims whether patients’ clinical diagnoses were present at the time of admission were excluded from the study.”
Fifteen hospitals on this year’s list are making their first appearance.
Check out the list and let us know what you think. Are you surprised about any of the hospitals that made the list? What makes a hospital better than another one, in your opinion?