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SAMPLE HOSPITAL FUNCTIONAL COST BENCHMARKS


Below are typical functional hospital benchmarks that you would find in the HMC Functional Cost BenchmarkTM. Bold typeface indicates a category.


Administrative Services Benchmark
Diagnostic Imaging Benchmark
Information Resources Benchmark
Laboratories Benchmark
Nursing Services Benchmark
Rehabilitation Services Benchmark
Selected Ancillaries Benchmark
Supplies Benchmark
Support Services Benchmark

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Sample Hospital Fuctional Cost Benchmarks



SCREEN SHOT



Sample page from FCR demo: Facility Cost Excess Summary Graph


RESOURCE USER QUOTE


"I really like that the Benchmark has all the flexibility to go from the comparison and trend views, then drill down to the cross and hours maps, and then go further to drill down on peer costs and skill mixes."

Jeff Worthen,
InterMountain Health Care
Provo, Utah



SAMPLE TOOL USE


Read how HMC Partners have used the Functional Cost Benchmark to improve:
Martha Jefferson Hospital achieves its goal to improve benchmark position while improving quality by tackling four key areas of Laboratory costs.
Intermountain Healthcare Saves $560,000 Per Year in Food Services From HMC Idea Generation
Saint Joseph Mercy Hospital System (SJMHS) is composed of 743 beds spanning three hospitals that serve the Ann Arbor, MI area. A member of Trinity Health, SJMHS enters into it’s fourth year of benchmarking with HMC as one of our strongest performers, in terms of both overall cost competitiveness and networking participation.
Cost savings are achievable when hospital department managers consider alternatives to filling open positions.
HMC’s Idea to Action Plan ConsultingTM service helps hospital department managers whose functions are not high-cost generate ideas for savings potential.


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