Published on March 10th, 20170
St. Luke’s Named Among Nation’s 100 Top Hospitals for Third Straight Year
Bethlehem, PA (3/7/2017) – St. Luke’s University Health Network has, for the third year in a row, been ranked one of the nation’s 100 Top Hospitals® by Truven Health Analytics™, part of IBM Watson Health™, in the Major Teaching Hospital category. Other winning health care leaders in that category for 2017 include Emory University Hospital, OhioHealth Doctor’s Hospital and University of Colorado Hospital.
The Truven Health 100 Top Hospitals® study identifies hospitals and leadership teams that provide the highest level of value to their communities, based on a national balanced scorecard.
Truven’s process is the most comprehensive, academically driven study of its kind. It evaluates clinical and operational performance in 11 areas, addressing: inpatient mortality; 30-day mortality rate; complications; core measures; 30-day risk-adjusted readmission rate; severity-adjusted average length of stay; mean emergency room throughput; inpatient expense per discharge; Medicare spend per beneficiary; adjusted operating profit margin; and Hospital Consumer Assessment of Healthcare Providers and Systems (HCAHPS) score (patient rating of overall hospital performance).
This is the sixth time St. Luke’s has been named among the Truven Health 100 Top Hospitals®.
“This award is solely based on clinical outcomes, efficiencies of care and financial performance unlike other awards such as US News,” Rick Anderson, St. Luke’s president and CEO, said.
“The Truven 100 Top Hospitals award judges an organization’s ability to thrive regardless of the constantly changing environment of today’s health care industry, and national imperatives that continue to demand the highest value of care. That means St. Luke’s provides the highest quality of care at lower cost,” Anderson said.
To conduct the 100 Top Hospitals study, Truven Health researchers evaluated 2,740 short-term, acute care, non-federal hospitals. 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 & Medicaid Services (CMS) Hospital Compare website. Hospitals do not apply for these awards, and winners do not pay to market this honor.
“The hospital industry’s ongoing transition from fee-for-service to value-based care appears to be bearing some positive results for both patients and payers,” said Jean Chenoweth, senior vice president at Truven Health Analytics. “The magnitude of improvement we’ve observed over the last five years is greater than any other five-year period we’ve tracked. On top of that, this year’s winners have reached new highs in performance in comparison to peers across the country, which suggests that improvement in value from hospitals is likely to continue.”
The winning hospitals were announced in the March 5, 2017 edition of Modern Healthcare magazine.