Posts Tagged benchmarking
Hospital Value Index™
Posted by Editor in For Consumers, Healthcare News, Healthcare Policy, Healthcare Reform on June 5th, 2009
The Data Advantage Hospital Value Index™ is the first comprehensive scorecard measuring the relative value of care provided by U.S. hospitals. This new measure studied more than 1,500 general acute-care hospitals in America’s 100 largest cities, serving approximately 180 million consumers.
This new measure, the Data Advantage Hospital Value Index™ , was developed in anticipation of the Centers for Medicare and Medicaid Services’ (CMS) Value-Based Purchasing initiative, which will financially reward a hospital based on the value of its care beginning next year. It also recognizes the growing influence of consumers shopping for the best hospital values in their communities.
The Hospital Value Index™ defines a hospital’s value by its success in four critical areas:
- Quality of its care, including core processes and patient safety;
- Efficiency of its care and affordability, including the prices it charges;
- Experience encountered by its patients as measured by patient satisfaction; and
- Comprehensive reputation of a hospital as measured by local public perception.
For a complete list of findings, market-by-market hospital scores, and more information on the Hospital Value Index™, please visit www.hospitalvalueindex.com.
Your Healthcare Data Resource
Posted by Editor in For Consumers, Healthcare Policy, Healthcare Reform on June 2nd, 2009
Data Advantage provides Business Intelligence for Healthcare™ to healthcare executives, clinicians, suppliers, consultants and analysts. Whether your organization needs to increase revenue, manage costs, compete more effectively or gather evidence to implement organizational change, Data Advantage provides the information to support their complex decisions.
Since 1992, thousands of customers have relied on Data Advantage to provide independent, transparent and objective business intelligence to make the right decision every time. Whether you need one-step access to public benchmarking data or want to compare your hospital’s performance against our proprietary database, Data Advantage is the source.
Gain a competitive advantage – use Data Advantage’s Business Intelligence for Healthcare™ to improve your performance.
The Data Advantage Difference
Posted by Editor in For Consumers, Healthcare Policy, Healthcare Reform on May 31st, 2009
If you need Business Intelligence for Healthcare™, you need Data Advantage. From standard benchmarking and physician profiling to custom reports and databases, we guarantee fast, accurate results to help you meet your organizations goals.
Benchmarking (DataView MB)
DataView MB enables you to measure your organization’s performance against the competition – and identify opportunities to improve your business.
Planning and Marketing (DataView P2)
DataView Planning 2.0’s combines the latest geo-spatial analysis tools with demographic and psychographic data to provide healthcare marketing intelligence.
Clinical Resource Management (DataView IP)
DataView IP allows you to analyze hospital financial and clinical performance and physician practice patterns to identify resource management and cost-savings opportunities.
Quality Measures (DataView QP)
DataView Quality Performance allows you to evaluate quality and safety performance using our abstraction tools designed by nurses, for nurses.
Custom Data
In addition to our standard data products and services, Data Advantage will create customized reports to address your unique data needs.
Hospital Value Index™
The Hospital Value Index™ is the first comprehensive index that measures the real-world value of care at U.S. hospitals.
Healthcare Finance News- Report: BCBS companies hit hard in 2009Blue Cross Blue Shield companies experienced both a decline in underwriting earnings and lower premiums in 2009, according to a report by the credit rating firm A.M. Best. Investment income also declined for BCBS plans because interest rates remained low, the report said. The Oldwick, N.J.-based firm said the turnaround in the financial markets resulted in r […]
- Employers scramble to make changes as health insurance costs increaseA survey of large employers found they are anticipating an 8.9 percent increase in the cost of health insurance next year, up from an average 7 percent this year. As a result, employers said they are planning to make changes to their 2011 healthcare benefit programs. […]
- 40 health systems join Premier's ACO Readiness CollaborativeForty health systems have joined the Premier healthcare alliance's Accountable Care Organization Readiness Collaborative, which will help health systems prepare to become ACOs. "ACOs are a departure from the status quo and will be an ambitious goal for even the most advanced healthcare systems," said Premier President and CEO Susan DeVore. […]
- Study: Magnet hospitals don't offer better working conditions for nursesMagnet hospitals, which are recognized for better patient safety and outcomes, don't provide better working conditions for nurses than non-magnet hospitals, according to a new study by the University of Maryland School of Nursing. […]
- Michigan health system expands hospitalist programAs the demand for hospitalist physicians increases nationwide, Allegiance Health has decided to expand its own program by entering into an agreement with a hospitalist management company. Hospitalists are one of the fastest growing subspecialties in contemporary medicine. These physicians are usually internal medicine specialists who care exclusively for hos […]
- Study: Medical errors cost U.S. economy almost $20 billion in '08A new study estimates that measurable medical errors cost the U.S. economy $19.5 billion in 2008. Commissioned by the Society of Actuaries and completed by Milliman, Inc., the study used claims data to project a measurement of costs for avoidable medical injuries. Of the approximately $80 billion in costs associated with medical injuries, around 25 percent w […]
- Report: BCBS companies hit hard in 2009
- Medicare Spotlight
- Lower Your Costs During the Coverage GapThis page will help you to learn 5 ways to lower your costs during the coverage gap. […]
- Learn More About Plans in Your AreaPart of the Medicare Prescription Drug Plan Finder tool that will help you to identify the plans in your state. […]
- Know What to do about the Flu.Seasonal flu shots are available right now. H1N1 (Swine) flu vaccine is being shipped and will soon be widely available. […]
- Medicare & You 2010Medicare & You contains important information about what's new, health plans, prescription drug plans, and rights and protections to help people with Medicare review their coverage options and prepare to enroll in a new plan if they choose. It is available in both English and Spanish.Each fall, the Centers for Medicare & Medicaid Services mails […]
- MyMedicare.govMyMedicare.gov provides direct Internet access to your Medicare benefits, eligibility, enrollment (including prescription drug plans) and preventive health information - 24 hours a day, 7 days a week. Visit the site, sign up, and Medicare will mail you a password to allow you access to your personal Medicare information. MyMedicare.gov also allows you to vie […]
- Lower Your Costs During the Coverage Gap