Gritman Medical Center was recently named one of the Top 100 Critical Access Hospitals in the United States in the first ever comprehensive rating of critical access hospitals.
The list was compiled by The National Rural Health Association (NRHA) using the Hospital Strength Index, an objective way of measuring 56 different performance metrics in three categories: market strength, value-based strength, and financial strength.
Only two Idaho hospitals, the other being Cassia Regional Medical Center in Burley, made the list. Gritman Medical Center is the only hospital in the region to receive the honor. There are 1,327 Critical Access Hospitals in the United States, according to the Rural Assistance Center.
"We are truly honored to be recognized as one of the top performing Critical Access Hospitals in the country," says Kara Besst, CEO of Gritman Medical Center. "The combination of expertise and guidance from our Board of Directors and Quorum Health Resources (QHR) has allowed Gritman to enhance our operations as a Critical Access Hospital and also allows Gritman to keep our focus on our top priority—the patients."
QHR is a national healthcare consulting company that helps Gritman and other community hospitals with operational and financial management and strategic decision making.
As healthcare reform brings changes, transparency and accountability are becoming even more necessary.
"Now is the time for us to advance the analytics and transparency of the rural health sector," said Alan Morgan, chief executive officer of the National Rural Health Association. "We play such a critical role in providing needed care to Americans, yet our challenges are completely different in access while equally complex in delivery as urban hospitals."
NRHA is a nonprofit organization working to improve the health and well-being of rural Americans and providing leadership on rural health issues through advocacy, communications, education and research.
The Hospital Strength Index™ incorporates 56 different measures of performance to help identify those hospitals that are best prepared for success under the new healthcare. The Index includes a unique set of measures rating Market Strength, Value-based Strength and Financial Strength as key pillars for benchmarking and setting new goals under health reform.
- The Market Strength includes competitive strength, intensity, size and growth factors essential to ACO development.
- The Value-based Strength includes quality, outcomes, patient perspectives, and cost and charge indicators that are essential for earning rewards under CMS' Value-based Purchasing reimbursement incentives.
- The Financial Strength includes income statement and balance sheet ratios most predictive of long-term sustainability that are essential under an environment of reduced payments.
For a list of the top 100 Critical Access Hospitals in alphabetical order by state click here: http://www.prnewswire.com/news-releases/top-100-critical-access-hospitals-named-130722698.html
Gritman Medical Center is a non-profit, people-focused, community-driven organization that provides excellent and compassionate healthcare for the people of its communities. Gritman Medical Center has received national recognition for its leadership, patient satisfaction and customer service.