Virginia Health Information (VHI) has published its 2015 report on the efficiency and productivity of hospitals and nursing homes. The report boils down mountains of data into key indicators of efficiency and productivity. The report was designed to meet the needs of large employers and purchasers of care. Information on how often hospitals treat medical conditions, perform surgeries, transplants and psychiatric care also benefits consumers looking for the most experienced hospital for their care.
Published each November, the report is eagerly anticipated in today's competitive market to support negotiations with healthcare providers by private healthcare purchasers and government programs.
VHI gathers and verifies detailed financial and operational data on all hospitals, nursing homes and surgical centers licensed in Virginia. Included in the Industry Report is data on charity care, staffing levels, profit margins and more than a dozen more utilization and efficiency indicators across five performance categories: charges, costs, productivity and utilization, financial viability and community support.
This year's hospitals with the highest overall efficiency and productivity ranking include:
- Virginia Hospital Center
- Novant Health Prince William Medical Center
- Inova Fair Oaks Hospital
- Sentara Leigh Hospital
- Riverside Tappahannock Hospital
- Riverside Walter Reed Hospital
- Wellmont Mountain View Regional Medical Center
Efficiency is important, but so is the quality of care. VHI includes both hospital and nursing home quality indicators to paint a clear picture of the care provided.