Benchmarks: Two Levels of Improvement Engagement
HMC’s hospital performance improvement benchmarks enable you to increase your hospital’s bottom line, while fostering a culture of performance improvement. We offer two levels of hospital quality benchmarking, depending on your needs and goals:
Rapid Operational Assessment (ROA) | The HMC Performance Management Program | ||
|---|---|---|---|
| Level | Rapid | This offers deep, integrated cost and quality, both clinical and departmental, plus support and the best practices that drive change. | |
| Reason to Engage | Your P&L needs help – fast. Know quickly where you stand and where you can improve. | This lets you reset your cost point, set focused budget targets, implement proven improvements, and monitor operations via dashboards. This enables you to position your hospital for the future. | |
| Scope | Benchmark of entire facility or system by function, with concurrent quality assessment | An entire suite of clinical, functional and quality benchmarks and peer networking tools to help you find your cost and quality problems with pinpoint precision, access peer best practices, and build dashboards and budgets. | |
| Time to Results | One week after you submit your general ledger, volumes, and payroll numbers. You access results online. | One month turnaround, after data is submitted and scrubbed with your managers. It includes one year of benchmark access and peer networking support. | |
| Data Validation | With finance | We validate every line with your managers to ensure their acceptance of the numbers. | |
| Benchmark Components | This includes Web-based Functional Benchmark identifying Labor, Payscale, Agency usage, non-labor, and Corporate cost issues. | This includes Web-based Functional, including productivity by cost center, Clinical Assessment including Quality and Cost of Off-Quality and Physician Scorecards. | |
| Improvement Support |
| ||