2/29/2016 – NorthShore University HealthSystem has been recognized as one of the nation’s 100 Top Hospitals® for 2016 by Truven Health Analytics, a leading provider of data-driven analytics and solutions to improve the cost and quality of healthcare. NorthShore is one of only two major teaching hospitals in the country to achieve this honor 17 times during the award’s 23-year history.
The Truven Health 100 Top Hospitals® study identifies hospitals and leadership teams that provide the highest level of value to their communities. The study is based on a national balanced scorecard measuring overall organizational performance across 11 key analytic measures including patient care, operational efficiency and financial stability.
“We are very pleased to receive this most prestigious recognition,” said NorthShore President and CEO Mark Neaman. “It is a testament to the collaborative work of our physicians and staff, dedicated to delivering exceptional experiences and quality outcomes to all those we proudly serve.”
The study shows that if all hospitals performed at the same level as this year’s winners, more than 104,000 inpatient lives could be saved; 48,400 additional patients could be complication free; $2 billion in inpatient costs could be saved annually; and the average patient stay would decrease by half a day.
“The 2016 100 Top Hospitals award winners represent the highest national standards in hospital care and management. They set the benchmarks for peers around the country to follow,” said Jean Chenoweth, senior vice president at Truven Health Analytics. “Hospitals in three of our five report groups actually reduced overall expense year over year, while improving patient outcomes—exactly the results that the entire industry hopes to attain.”
Nearly 3,000 short-term, acute-care, nonfederal hospitals were evaluated for the study. Researchers used risk-adjusted methodologies to analyze public information—Medicare cost reports, Medicare Provider Analysis and Review (MEDPAR) data, and core measures and patient satisfaction data from the CMS Hospital Compare reports. Hospitals do not apply and winners do not pay to market this honor.
The winning hospitals were announced in the February 28, 2016, edition of Modern Healthcare magazine.
More information is available at 100tophospitals.com.