The Hospital Dashboard Metrics application is a free companion application for the State of the Hospital Industry - 2011 Edition published by Cleverley ...
The Hospital Dashboard Metrics application is a free companion application for the State of the Hospital Industry - 2011 Edition published by Cleverley + Associates. It provides immediate access to critical financial statistics used by hospital financial executives. The State of the Hospital Industry - 2011 Edition reports findings on more than 60 critical indicators of hospital financial performance, including 4 measures you will find reported nowhere else: - Financial Strength IndexÂ® - Community Value IndexÂ® - Hospital Charge IndexÂ® - Hospital Cost IndexÂ® The Hospital Dashboard Metrics application provides access to the same data and metrics reported in the publication as well as provides the ability to create a custom view of the data. Measures Include: - Overall Measures - Market Factors - Pricing Factors - Coding Factors - Contract-Negotiation Factors - Cost Factors - Labor Cost Factors - Supply Cost Factors - Non-Operating Income Factors - Service Intensity Factors - Investment Efficiency Factors - Plant Obsolescence Factors - Capital Position Factors DATA SOURCES The data used in this report are taken from four primary public data sets: 1. PPS Minimum Data Set (Medicare Cost Reports) 2. MedPAR (Medicare Inpatient Claims) 3. Hospital Outpatient Prospective Payment System (Medicare Outpatient Claims) 4. Standard Analytical Outpatient File (Medicare Outpatient Claims) The utilization of these databases assures that virtually every US acute-care hospital is included in this study: approximately 3,600 hospitals. The inclusion of these databases and their integration also permits the presentation and analysis of a much wider array of factors. For example, utilization of the HOPPS file allows us to make assessments regarding actual prices at the CPTÂ® / HCPCS level that can have tremendous implications for pricing adjustments. The tabular data that are presented later in this report are for 2007 to 2009. Significant trends will be pointed out and discussed. We are, however, especially interested in differences among hospital sectors. To this end we have provided data breakouts for the following groups: - States - Top 40 MSAs - Geographical Regions - Urban by Revenue Size - Rural by Revenue Size - Teaching Status by Intensity - Ownership and Control - Performance Groups - Revenue Size
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