Truven Health Analytics, IBM Watson Health release annual rankings
Muncie, IN–IU Health Ball Memorial Hospital was today named one of the nation’s 100 Top Hospitals® by Truven Health Analytics®, part of the IBM Watson Health™ business. Truven Health Analytics is a leading provider of information and solutions that support healthcare costs and quality improvement.
The Truven Health 100 Top Hospitals 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). The study has been conducted annually since 1993. This is the second time IU Health Ball Memorial Hospital has been recognized with this honor.
“It is always rewarding to see our physicians, nurses and team members receive recognition on a national level,” said Michael Haley, president, IU Health Ball Memorial Hospital. “Healthcare is constantly changing but one thing that doesn’t change is our focus on the patient. In our ‘patients first culture’ we constantly strive to provide our very best. Recognition like this simply illustrates the efforts our team makes every day.”
Based on the results of this year’s study, if all Medicare inpatients received the same level of care as those treated in the award-winning facilities:
- Nearly 89,000 additional lives could be saved
- Over 61,000 additional patients could be complication-free
- Over $5.6 billion in inpatient costs could be saved
- The average patient stay would decrease by half a day
- Over 300,000 fewer discharged patients would be readmitted within 30 days
- Patients would spend nine minutes less in hospital emergency departments per visit.
“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 6th edition of Modern Healthcare magazine.
For more information, visit 100tophospitals.com.
About Indiana University Health Ball Memorial Hospital
IU Health Ball Memorial Hospital serves as a tertiary referral center and teaching hospital for East Central Indiana and part of Indiana University Health. IU Health Ball Memorial Hospital is accredited by the Joint Commission and maintains 1.2 million square feet of facilities. More than 17,500 patients are admitted every year and more than 285,000 outpatient procedures are completed annually. Michael Haley is President. Learn more at iuhealth.org/ball-memorial.