Monroe Clinic Wins 100 Top Hospitals Award
After study of 3,000 hospitals nationwide, Thomson Reuters announces top performers of 2008
(Monroe, WI)— Monroe Clinic has reason to celebrate as Thomson Reuters released its annual study identifying the 100 top U.S. hospitals based on their overall organizational performance. This is the second time the nationwide study has named Monroe Clinic a 100 Top Hospital®, and this year’s award was just as significant for CEO Mike Sanders.
“Considering the scope and depth of this study, it’s an incredible honor to once again receive this recognition. Literally hundreds of Monroe Clinic staff are working diligently on several major projects to improve our quality, efficiency and patient satisfaction. This affirms that we are doing what our patients need us to: working to achieve the highest standards in health care,” said Sanders.
To conduct the 100 Top Hospitals study, Thomson Reuters researchers evaluated 3,000 short-term, acute care, non-federal hospitals and specifically focused on nine, key areas: mortality, medical complications, patient safety, average length of stay, expenses, profitability, cash-to-debt ratio, patient satisfaction, and adherence to clinical standards of care. They used public information: Medicare cost reports, Medicare Provider Analysis and Review (MedPAR) data, and core measures and patient satisfaction data from the Centers for Medicare and Medicaid Services (CMS) Hospital Compare data set.
"The 100 Top Hospitals winners raised the bar again this year, delivering a higher level of reliable care and greater value for their communities and payers," reported Thomson Reuters in a press release.
The study has been conducted annually since 1993. Monroe Clinic was also named a 100 Top Hospital of 2006.
“This study is not solely about recognition. It’s about turning public information into tools for improvement that hospitals across the nation can use,” said Sanders. “Each year, healthcare providers can study these benchmarks and build upon their peers’ success to offer their patients the best care possible. Winning this award a second time is even more meaningful as it demonstrates a commitment to continual innovation and improvement.”
Other Highlights of the 100 Top Hospitals Study
According to Thomson Reuters, the 100 Top Hospitals have higher survival rates, keep more patients complication-free, and have lower expenses — all while maintaining financial stability. The study also revealed if all Medicare inpatients received the same level of care as those in the 100 Top Hospitals winners:
- More than 107,500 additional patients would survive each year.
- More than 132,000 patient complications would be avoided annually.
- Expenses would decline by an aggregate $5.9 billion a year.
- The average patient stay would decrease by nearly half a day.
The 100 Top Hospitals award winners also:
- Have higher patient satisfaction, overall.
- Have better patient safety, saving lives and dollars.
Of the 100 Top Hospitals, seven were from Illinois, and six were from Wisconsin. The complete list is available at 100tophospitals.com.