April 05, 2017
FOR IMMEDIATE RELEASE
Denver, Colo. – April 5, 2017 – Rose Medical Center has been named one of the nation’s 100 Top Hospitals® by Truven Health Analytics™, part of the IBM Watson Health™ business, for the tenth time. Truven Health Analytics is a leading provider of information and solutions that support healthcare cost 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.
“It is a great honor to be recognized for the tenth time among the 100 Top Hospitals,” said Kenneth Feiler, president and CEO at Rose Medical Center. “The entire team at Rose believes deeply in delivering great care to every patient every time and receiving this distinction again is an affirmation of that commitment to our patients.”
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 like Rose Medical Center:
- Nearly than 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 100 Top Hospitals site.
About Truven Health Analytics, part of the IBM Watson Health business
Truven Health Analytics™, part of the IBM Watson Health™ business, provides market-leading performance improvement solutions built on data integrity, advanced analytics and domain expertise. For more than 40 years, our insights and solutions have been providing hospitals and clinicians, employers and health plans, state and federal government agencies, life sciences companies and policymakers, the facts they need to make confident decisions that directly affect the health and well-being of people and organizations in the US and around the world. The company was acquired by IBM in 2016 to help form a new business, Watson Health. Watson Health aspires to improve lives and give hope by delivering innovation to address the world’s most pressing health challenges through data and cognitive insights.
Truven Health Analytics owns some of the most trusted brands in healthcare, such as MarketScan®, 100 Top Hospitals®, Advantage Suite®, Micromedex®, Simpler ® and ActionOI ®. Truven Health has its principal offices in Ann Arbor, MI, Chicago, IL and Denver, CO.
For more information, visit IBM Watson's Truven Health Analytics page