I recommend getting a copy of this 2-page article! You don’t even have to read any further, just DO IT! This is a great opportunity to get 2012 median data based on 600 nonfederal acute care hospitals in the Truven Health ActionOI database. The data are broken out for these categories:
- All hospitals
- Major teaching
- Minor teaching
- Large community
- Medium community
- Small community
There are 24 indicators related to operating margin and other financial indicators, utilization, expense and revenue, and productivity.
Why I like this article: 1. Credible data source. 2. 2012 national data. 3. Nice comparison of different types of general acute care hospitals. 4. You would have to pay to acquire these national indicators elsewhere.
Source: Financial, operating measures provide basis for assessing U.S. hospital performance. HFM. Healthcare Financial Management;67(10):106-107, Oct. 2013. Click here for publisher’s website: http://www.hfma.org/Content.aspx?id=19516
Posted by AHA Resource Center (312) 422-2050, rc@aha.org
Filed under: Benchmarking, Financial management, Posted by Kim Garber | Tagged: Truven Health ActionOI |