If youíre searching for the nexus of clinical care and financial performance, youíve come to the right place. Thatís especially true if you donít want to lose $23,772. Thatís the projected average annual loss per hospital starting Oct. 1, when Medicare stops reimbursing hospitals for eight types of medical mistakes.
Welcome to Modern Healthcare
ís eighth annual 100 Top Hospitals supplement. Like past supplements, this special edition attempts to answer the question: What do high-performing hospitals, as chosen by the healthcare division of Thomson Reuters Corp. (the Evanston, Ill.-based healthcare information company formerly known as Solucient) do differently than lesser-performing hospitals?
In previous supplements, weíve looked at such variables as: patient-safety strategies, new medical technologies; specific clinical practices, nurse-staffing ratios, executive-suite characteristics, the use of hospitalists and labor costs. In this issue, we look at how well high-performing hospitals fare on eight patient-safety indicators identified by the Agency for Healthcare Research and Quality. Any guesses?
But unlike past supplements, we decided to top this issue off with something special: the exclusive results of a study requested by Modern Healthcare
from Thomson on the financial impact of CMSí upcoming medical-error payment policy.
According to the study, hospitals that have the eight medical mistakes occur during patient stays will receive at least $91 million less annually in Medicare reimbursement. Thatís compared with payments to hospitals whose patients have the same problems, but they are present on admission. Thereís your return on investment in safe patient care.
Frequent contributor and former Modern Healthcare
reporter Linda Wilson wrote the cover story of this yearís supplement based on the medical-error study from Thomson. You can reach Wilson at email@example.com. Modern Healthcare
staff reporter Jean DerGurahian wrote this issueís feature on patient-safety indicators. You can reach DerGurahian at firstname.lastname@example.org. We thank both for their usual fine work.
If you have any questions or comments on the supplement or would like to suggest topics for future analysis, please contact me at 312-649-5439, or at email@example.com.
What do you think?
Write us with your comments. Via e-mail, itís firstname.lastname@example.org
; by fax, 312-280-3183.