INDIANAPOLIS, Indiana – Franciscan St. Francis
Health-Indianapolis has been named one of the nation’s 100 Top Hospitals® by
Truven Health Analytics™, a provider of data-driven analytics and solutions to
improve the cost and quality of healthcare.
This marked the third time Franciscan St.
Francis was recognized by Truven Health and the hospital was the only
one in the Indianapolis metropolitan area to earn the 100 Top Hospitals distinction.
Only two other Indiana hospitals were on the list.
The
Truven Health 100 Top Hospitals® study identifies hospitals and leadership
teams that provide the highest level of value to their communities, based on a
national balanced scorecard measuring overall organizational performance across
11 key analytic measures including patient care, operational efficiency and
financial stability. The study has been conducted annually since 1993.
“This
is a tremendous honor, and we are pleased to receive this recognition,” said
James Callaghan, MD, Franciscan St. Francis Health’s president and CEO. "It attests to the collaborative efforts and
dedication of our physicians and staff, all of whom deliver extraordinary care
and outcomes for the patients we are privileged to serve.”
The
study shows that if all hospitals in the United States performed at the level
of this year's winners:
- More than
104,000 additional lives could be saved.
- Nearly 48,400
additional patients could be complication-free.
- $2 billion in
inpatient costs could be saved.
- 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 out of the five report groups actually
reduced overall expenses year over year while improving patient outcomes –
exactly the results that the entire industry hopes to attain.”
Truven
Health researchers evaluated close to 3,000 short-term, acute-care, nonfederal
hospitals. 100 Top Hospitals researchers use risk-adjusted methodologies to
analyze public information, including Medicare cost reports, Medicare Provider
Analysis and Review data, and core measures and patient satisfaction data from
the Centers for Medicare and Centers for Medicare & Medicaid Services’ Hospital
Compare reports.
Hospitals
do not apply, and winners do not pay, to market the 100 Top Hospitals study.
The
winning hospitals were announced in the Feb. 28, 2016, edition of Modern Healthcare
magazine. More information on this study
and other 100 Top Hospitals research is available at 100tophospitals.com.
