March 13, 2017
Dublin, GA - Fairview Park Hospital has been named one of the nation’s 100 Top Hospitals® by Truven Health Analytics®, part of the IBM Watson Health™ business. Truven Health Analytics is a leading provider of information and solutions that support healthcare cost and quality improvement.
The Truven Health 100 Top Hospitals is the most comprehensive, academically driven study of its kind. It evaluates clinical and operational performance in 11 areas, addressing: inpatient mortality, 30-day mortality rate, complications, core measures, 30-day risk-adjusted readmission rate, severity-adjusted average length of stay, mean emergency room throughput, inpatient expense per discharge, Medicare spend per beneficiary, adjusted operating profit margin and Hospital Consumer Assessment of Healthcare Providers and Systems (HCAHPS) score (patient rating of overall hospital performance). The study has been conducted annually since 1993.
"The Truven Top 100 Hospitals® award is a reflection of Fairview Park Hospital’s ongoing commitment to provide outstanding care and improve healthcare outcomes while controlling costs," said Don Avery, President and CEO of Fairview Park Hospital. "It's an honor to work alongside employees and physicians who create an environment that make awards like this possible. Their commitment to our mission to provide quality healthcare to every patient, every day is exceptional."
Based on the results of this year’s study, if all Medicare inpatients received the same level of care as those treated in the award-winning facilities:
- Nearly than 89,000 additional lives could be saved
- Over 61,000 additional patients could be complication-free
- Over $5.6 billion in inpatient costs could be saved
- The average patient stay would decrease by half a day
- Over 300,000 fewer discharged patients would be readmitted within 30 days
- Patients would spend nine minutes less in hospital emergency departments per visit.
“The hospital industry’s ongoing transition from fee-for-service to value-based care appears to be bearing some positive results for both patients and payers,” said Jean Chenoweth, senior vice president at Truven Health Analytics. “The magnitude of improvement we’ve observed over the last five years is greater than any other five-year period we’ve tracked. On top of that, this year’s winners have reached new highs in performance in comparison to peers across the country, which suggests that improvement in value from hospitals is likely to continue.”
The winning hospitals were announced in the March 6th edition of Modern Healthcare magazine. For more information, visit IBM Watson.