OWATONNA — Owatonna Hospital was one of just 75 hospitals nationwide receiving a Best in Value: Superior Quality Merit Award from the 2009-2010 Hospital Value Index — a national study on U.S. hospitals and the value of care they provide.
The Hospital Value Index is an independent analysis of each hospital’s performance in the categories of quality, affordability and efficiency, and patient satisfaction. More than 4,500 hospitals were analyzed in the study and only 75 received the award for achieving high marks in the quality category.
“This group of hospitals has a proven ability to deliver high quality care, a key element in providing overall value to their communities,” said Hal Andrews, CEO of Data Advantage, in a press release. “Our study suggests that hospitals that achieve outstanding scores in the area of quality will be rewarded in the new world of Value-Based Purchasing, so each of these hospitals is off to a good start.”
The quality category is analyzed using data from the Centers for Medicare and Medicaid Services (CMS) Core Measures, AHRQ Patient Safety Indicators, CMS 30-day mortality scores and CMS reported hospital readmission rates. In order to qualify for the award, hospitals must be considered Best in Value or rank in the top 25 percent of all hospitals in the study. The top 10 percent of this group are then ranked in the quality category in order to receive the Superior Quality Merit Award.
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“The Hospital Value Index study found that all hospitals recognized as Best in Value improved their quality scores by an average of 8.14 percent since March 2009, while those that were not recognized as Best in Value saw a drop in quality by 1.1 percent during the same term,” said John Morrow, a founder of the Hospital Value Index study, in a press release.
“Quality continues to improve in high value hospitals, and these Merit Award recipients are being recognized for their exceptional quality performance,” said Morrow.
Owatonna Hospital was the only Minnesota hospital to make the list.
Data Advantage, LLC, is a privately held health care information company that provides hospitals and other health care related businesses with business intelligence.