Blanchard Valley Hospital (BVH) was today named one of the nation’s 100 Top Hospitals by Truven Health AnalyticsTM. This is the fourth time Blanchard Valley Hospital has been recognized with this honor, which has been awarded to BVH in 2005, 2011, 2015 and now 2016.
Truven Health Analytics identified the 100 top U.S. hospitals based on their overall organizational performance. The study found that the top performing hospitals in the country were able to improve outcomes while reducing overall expense per patient.
This was the first time in the study’s 23-year history that a notable trend toward reduced expense per patient was observed among the majority of top-performing hospitals.
Overall, the Truven Health 100 Top Hospitals® study found that the top performing hospitals in the country had lower 30-day mortality and readmission rates, fewer complications and higher survival rates, while maintaining three percent lower inpatient costs per beneficiary than non-winning peer group hospitals.
Following were the key performance benchmarks for 100 Top Hospitals award winners when compared with their peers:
Better Survival Rates: As a group, 100 Top Hospitals had 23 percent fewer deaths than expected considering patient severity.
Fewer Patient Complications: Patients at winning hospitals had 21 percent fewer complications than expected considering patient severity.
Lower 30-Day Mortality and Readmission Rates: Mean 30 day mortality and readmission rates were lower at winning hospitals than non-winning hospitals across all comparison groups.
Shorter Length of Stay: Winning hospitals had a median severity-adjusted length of stay that was a half-day shorter than peers.
Higher Profit Overall Margins: Winning hospitals had a median operating profit margin that was nearly nine percentage points higher than non-winning hospitals.
Based on the results of this year’s study, if all Medicare inpatients received the same level of care as those treated in the award-winning facilities:
• More than 104,000 additional lives could be saved.
• Nearly 48,400 additional patients could be complication free.
• $2 billion in inpatient costs could be saved.
• The average patient stay would decrease by half a day.
If the same standards were applied to all inpatient care, the impact would be even greater.
The Truven Health 100 Top Hospitals is the most comprehensive and academically-driven study of its kind. It evaluates clinical and operational performance in 11 areas, addressing: inpatient mortality; 30-day mortality rate; complications; core measures; 30-day risk-adjusted readmission rate; severity-adjusted average length of stay; mean emergency room throughput; inpatient expense per discharge; Medicare spend per beneficiary; adjusted operating profit margin; and Hospital Consumer Assessment of Healthcare Providers and Systems (HCAHPS) score (patient rating of overall hospital performance). The study has been conducted annually since 1993.
To conduct the 100 Top Hospitals study, Truven Health researchers evaluated 3,000 short-term, acute-care, non-federal hospitals. They used public information — Medicare cost reports, Medicare Provider Analysis and Review (MedPAR) data, and core measures and patient satisfaction data from the Centers for Medicare and Medicaid Services (CMS) Hospital Compare website.
Hospitals do not apply, and winners do not pay to market this honor.
For more information, visit www.100tophospitals.com.
