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The Healthcare Management Council (HMC) Announces Major Upgrades to its Hospital Benchmarking - HMCCentral.com

June 12, 2007

Needham, MA -- The Healthcare Management Council, Inc. (HMC) has released a major upgrade to its hospital performance improvement Web application. HMCCentral.com is the online home for HMC Partner hospital staff to compare costs to other hospitals, create ideas for quality and cost performance improvement, and provide a clear pathway for implementation. The latest upgrade includes a revolutionary approach to measure hospital value through comparisons of cost and quality including notification of quality problems before they become public. The new upgrade also unveils an industry-first regionally adjusted wage rate comparison, an ideal application for evaluating comparative rates of pay.

New overall HMCCentral.com features:

  • HMC Cost/Quality MatrixTM
    HMC compares hospital competitiveness based on the value of care delivered, bringing cost benchmarks and quality benchmarks together. The HMC Cost/Quality MatrixTM plots the relationship between a hospital’s quality ranking and its cost per unit of service ranking.
  • HMC Quality DashboardTM The HMC Quality DashboardTM automates the tracking of quality measures by facility. AHRQ standardized quality measures are fully automated. Beyond these measures, hospitals may submit data from diverse data systems. Hospital staff may also submit explanations of the data for other hospital staff to view. Hospitals may create their own indicators, manage and update these indicators, and track the indicators via the dashboard.
  • Productivity
    • HMC breaks dissects your cost structure and issues into FTE’s, salary scale, skill mix, agency labor, non-labor, supplies, and corporate costs. There is no higher level of resolution in the industry.
    • You can create a productivity dashboard for any department, at any time, for any reporting frequency, when you want and on the fly...AND get email notifications when things are out of line. No system is quicker, easier, or more flexible.



About The Healthcare Management Council, Inc:
HMC is a hospital performance improvement company that helps its Partner facilities lower their costs and increase quality. HMC helps hospitals succeed in a highly competetive healthcare environment with its online cost and quality benchmarks and facilitated community of thousands of hospital staff that share ideas for lowering costs and increasing quality.

HMC Web site: www.HMC-Benchmarks.com

Download the HMC QuadrantOne BenchmarkTM brochure (PDF 1MB)

Contact: Shelley Burns at (262) 242-9471





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