Currents
Feb. 12, 1998 Recently, I had the privilege of representing the Medical Center at a formal presentation of our “100 Top Hospitals of 1997" award in Washington, D.C. As this is the second year we have won this recognition from HCIA Inc. and William M. Mercer Incorporated, I wanted to share with you the criteria for winning this award. Receiving the award is no small achievement, and we all can be proud. HCIA-Mercer uses a variety of benchmarks, based on information from hospitals’ fiscal year cost reports, to determine the top 100 ranking. The benchmarks selected by HCIA-Mercer include a variety of clinical, operational, and financial measures which are considered to be very important in today’s health care industry. The award is based upon the previous year’s performance—that is, the 1997 award is based upon 1996 data. This is not an award a hospital can apply for; HCIA-Mercer compiles the information independently. Each hospital’s scores for the various benchmarks are compared to the median score in its peer group, which is our case is academic medical centers of similar size. Following are the benchmarks and how we scored in 1995 (for last year’s award) and 1996 (for our most recent 1997 award) compared to the peer group median. Also, the projected figures for our 1997 performance (as best we can determine), which we believe will continue to be the basis for HCIA-Mercer’s analysis for the 1998 awards, are indicated. FY95 MUSC FY96 FY97 Peer Group Median (FY96) Risk-adjusted mortality index .84 .90 NA* .99 Risk-adjusted complications index (We have been below the average in these categories, which reflects well on the quality of the care we provide.) .74 .78 NA 1.08 Severity-adjusted average length of stay (We are a full day below the median average among our peers.) 4.76 days 4.24 days NA 5.27 days Expense per adjusted discharge (This is an area where we need to continue to improve.) $9,590 $7,003 $6,991 $5,522 Profitability (cash flow margin) 12.03% 17.84% 18.38% 10.56% Proportion of revenue from outpatient activity (Higher percentages in this category reflect sound planning in today’s market.) 19.86% 22.56% 25.9% 25.54% Growth in outpatient revenue over three years 12.47% 12.8% 18.77% 5.91% Index of total facility occupancy (For those who struggle daily with a bed shortage at the Medical Center, this percentage may seem low. However, this figure includes the total number of licensed beds in the facility. In Physical Medicine, Nursery and Psychiatry, a number of licensed beds are not in operation.) 70.57% 69.47% 69.38% 71.55% Growth in facility occupancy rate 4.09% 1.56% .85% 1.78% Growth in equity over three years (We experienced a high rate of growth for a number of years. This has begun to stabilize.) 38.54% 38.33% 15.63% 10.17% Productivity (total asset turnover ratio)(This area reflects how efficiently assets are used. We are improving in this area.) 1.58 1.61 .96 .84 *Not yet available W. Stuart Smith, Interim Vice President for Clinical Operations; Interim CEO, MUSC Medical Center Cool Heads Prevail in Real-Life ER Drama
Quarterly AREA Award Winners Announced
Sylvia Crews, 10 East. Crews took a patient’s clothes to her own home and washed them, since the patient’s family was from out of town and unable to. She also offered to wash the clothes weekly until the patient was discharged. Eric Larsen and Alan Phillips, MEDUCARE. Larsen and Phillips arranged for an MUSC ambulance to be at the Reindeer Run on Kiawah Island as a public relations gesture. At the event, a runner suffered cardiac arrest. Larsen and Phillips were able to successfully resuscitate the runner at the scene through their quick and professional actions. Georgette “Gigi” Smith, Clinical Neurophysiology Services. Smith was recognized by a patient’s parents when she arranged for the special needs of the patient. The family was traveling to MUSC from Utah for a consultation. Smith spent many hours coordinating the workup, Child Life support and hotel accommodations, and made many calls to answer the family’s questions about their child’s medical problem. Smith often worked outside of regular hours to accommodate the time difference between Utah and Charleston. The family said that without her help, their trip would have been unbearable.
Call Boxes Make Appearance on Campus
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