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The most recent 100 Top Hospitals National study shows the Midwest as the clear leader in hospital performance. Now home to nearly half of the National winners, 92 percent of the Midwestern states are in the two top performance quintiles as measured on the study's balanced scorecard measures.
One thing the leaders of Midwest hospitals have done to realize this success is to embrace collaboration. This collaboration has extended beyond other hospitals to employers, competitors, and even payers—to increase transparency and high performance.
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Webinar: Assessing Performance Improvement
Against the 100 Top Hospitals
Cardiovascular Benchmark Hospitals
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Press Release: Thomson Reuters Announces 100 Top Hospitals® for Cardiovascular Care »
High-margin hospitals also had lower staff ratios (4.91 FTE per adjusted occupied bed) compared to low-margin hospitals (5.22 FTE per adjusted occupied bed). However, high-margin hospitals had higher salary costs, even when adjusted for area wage index ($51,512 vs. $49,199 per FTE). This suggests high productivity from a better paid staff.
Source: ACTION O-I® National Database, 2007
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