U.S. hospitals that emulate the performance of the nation's 100 top hospitals could reduce overall hospital expenses by as much as $28 billion per year, a new study suggested last week.
The study also reported that hospitals that can perform at the level of the top 100 hospitals could reduce total hospitals' billing charges nationwide by $40 billion per year and reduce their mortality and morbidity rates by 12% and 13%, respectively. Hospital inpatient lengths of stay could drop an average of a full day or more, the study said.
The study was compiled by HCIA, a Baltimore-based healthcare research company, in conjunction with New York-based Mercer Management Consulting.
"These findings are valuable to the entire healthcare industry," said George D. Pillari, chairman and chief executive officer of HCIA. "We believe the clinical and financial benchmarks developed by HCIA and Mercer represent sound measures of the long-term stability of hospitals and offer a direction for continued positive change in hospitals."
The study, entitled "100 Top U.S. Hospitals-Benchmarks for Success," classifies the nation's 5,600 hospitals into five categories: academic medical centers, other teaching hospitals with more than 250 beds, non-teaching hospitals with more than 250 beds, urban hospitals with fewer than 250 beds, and rural hospitals with fewer than 250 beds.
In each of the categories, from 10 to 25 hospitals were placed on the list based on their superior performance in eight areas that reflect high value provided to customers, efficiency of patient-care operations and investment in operations (See chart).
To make the list, each hospital had to perform better than the median peer hospital in six of the eight categories used in the study.-John Burns