Virginia Publishes Nation's First Hospital and Nursing Facility Efficiency Report
Posted on: Monday, 18 December 2006, 09:01 CST
RICHMOND, Va., Dec. 18 /PRNewswire/ -- Virginia Health Information's first of it's kind report on hospital and nursing facilities ranks health care providers on their efficiency and productivity. The 2006 Industry Report provides detailed scores on facility charges, costs, staff time per admission, profits, charity care and other community support. A Service Line report tells how often different surgeries and medical care are provided with average hospital charges, how long patients stayed and how they ranked.
During their 2005 fiscal years Virginia hospitals provided almost 1 billion dollars in charity care to patients, more than triple their 2000 contributions. During the same period hospital profits see-sawed between 3.5 and 7.6%. Last year one in 5 hospitals and 1 in 3 nursing facilities lost money
Fiscal Year Charity Care in Dollars 2000 295,392,864 2001 336,235,481 2002 418,821,481 2003 652,675,995 2004 794,138,006 2005 926,266,367
Michael Lundberg, Virginia Health Information's Executive Director notes that businesses and health insurance companies use the Industry Report when choosing health care providers and negotiating contracts. Consumers may use this information to learn more about how often hospitals perform all types of surgeries including open heart, orthopedic, and neurological surgery. All medical conditions are also reported including those of the lungs, gastroinstestinal system, heart, urology, and delivery of babies.
The Top 5 types of care provided by hospitals are listed below. The Industry Report includes information on all hospital discharges in forty different service lines by hospital.
Top 5 Types of How Often % of all Average Days Average Hospital in 2005 Hospital Spent in Charges Admissions Care Hospital Obstetrics/Delivery* 93,735 11.56 2.52 7,322 Pulmonary 75,123 9.26 5.47 18,641 Cardiology-Medical 67,029 8.26 3.83 14,033 Gastroenterology 60,634 7.48 4.00 13,329 General Surgery 44,107 5.44 6.58 35,708
* Does not include separately reported discharge for babies born. Normal newborns not listed in this report.
The Industry Report is based upon information from audited financial statements, care provided, and operational information collected and verified by Virginia Health Information (VHI). VHI is a non-profit health information company supported by businesses, consumers, health care insurers, providers, and the Commonwealth of Virginia. The Industry Report was developed collaboratively between VHI, health care providers, and Dr. Ramesh K. Shukla of the Williamson Institute at Virginia Commonwealth University.
Designed for use by large employers and purchasers of health care, selected information from the Industry Report is also available on VHI's website for consumers and the general public at http://www.vhi.org/
For more information contact Virginia Health Information at 1-877 VHI-INFO or info@vhi.org
CONTACT: Michael T. Lundberg, Executive Director Virginia Health Information Phone: 804-643-5573, ext 104 Toll Free: 1-877-VHI-INFO E-mail: Michael@vhi.org Web address: http://www.vhi.org
Virginia Health Information
CONTACT: Michael T. Lundberg, Executive Director of Virginia HealthInformation, Phone: +1-804-643-5573, ext. 104, Toll Free: +1-877-VHI-INFO, orMichael@vhi.org
Web site: http://www.vhi.org/
Source: PRNewswire
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