Hospital Profile
Awards and Honors
Solucient's 100 Top Hospitals: Peformance Improvement
Rose Medical Center has been named one of the nation's top performance improvement leader hospitals by Solucient, a leading provider of strategic business and clinical information for the health care industry. It is the only Colorado hospital named.
Rose and its leadership team was recognized for developing consistent and effective organization-wide performance improvement across critical measures at a faster rate than other U.S. hospitals between 1997-2001. These measures include quality of care, operational efficiency, and financial performance.
Findings from the first edition of Solucient's 100 Top Hospitals®: Performance Improvement Leaders study appear in the March 15, 2004 edition of Modern Healthcare magazine.
"This study is a major step forward in objectively measuring the impact a superior management team can have on an organization over time by instilling a culture of change," said Jean Chenoweth, executive director of Solucient's 100 Top Hospitals program. "These are hospitals in a position to thrive as the growth of pay for performance and consumerism force change in the industry."
Among the key findings:
- Between 1997 and 2001, performance improvement leader hospitals, or "PI Leaders" decreased their average mortality rate by 24 percent, compared to eight percent for peer hospitals in the study.
- Patient complications at PI Leader hospitals decreased by 17 percent, while complications at peer hospitals decreased by only 5 percent.
- PI Leaders were able to return patients back to everyday life faster than those at peer hospitals in the study. By 2001, patients at PI Leader hospitals were released nearly a day quicker than at peer hospitals.
- Expenses per discharge at PI Leader hospitals fell by three percent between 1997 and 2001, while expenses at peer hospitals increased by more than 15 percent.
Solucient's 100 Top Hospitals:
Performance Improvement Leaders study analyzed acute care hospitals nationwide using detailed empirical performance data from years 1997 through 2001, including publicly available Medicare MedPAR data and Medicare cost reports. Facilities recognized on the PI Leader list are represented across five hospital classes:
- Major Teaching - 15
- Teaching - 26
- Large Community, 250+ Beds - 20
- Medium Community, 100 to 249 Beds - 19
- Small Community, 25 to 99 Beds - 20
The study scored facilities according to key measures: risk-adjusted mortality and risk adjusted complications, average length of stay, expenses, profitability, percent of outpatient revenue, total asset turnover, and coding specificity.
More information on this study and other 100 Top Hospitals research is available at www.100tophospitals.com.
Fast Facts - Solucient 100 Top Hospitals®:
Performance Improvement Leaders,
The First Edition
What is it?
The Solucient 100 Top Hospitals: Performance Improvement Leaders study recognizes - for the first time - hospitals and their management teams for leading their facilities to achieve the fastest rate of consistent annual organizational improvement among all U.S. hospitals between 1997 and 2001.
Which hospitals won?
Rose is the only Colorado hospital honored.
How were the winners chosen?
We assigned each hospital in the study group to one of five comparison groups according to bed size, teaching status, and residency program involvement. Within the comparison groups, we ranked hospitals on the basis of their performance on each of seven major performance measures. We then summed each hospital's performance-measure ranking to arrive at a total ranking for the hospital.
What were some of the key findings?
This year's performance improvement leaders have lower mortality rates, shorter lengths of stay, and lower expenses compared with a peer group of U.S. hospitals.