Banner Health ranked in top five large health systems in the nation
FAIRBANKS, Alaska (Jan. 17, 2012) – Banner Health, the operator hired by The Greater Fairbanks Community Hospital Foundation to manage Fairbanks Memorial Hospital, Denali Center and Tanana Valley Clinic, is one of the Top Five Large Health Systems in the country based on clinical performance, according to Thomson Reuters.
Thomson Reuters is a leading provider of information and solutions to improve the cost and quality of health care.
The announcement was made Monday by Modern Healthcare magazine.
More than 320 health systems with a total of 2,194 hospitals were surveyed and Thomas Reuters singled out five hospital systems that achieved superior clinical outcomes based on eight measures of quality, patient perception of care and efficiency. Reuters identified “large’’ as those organizations with more than $1.5 billion total operating expenses.
As a Top Five Large Health System, Banner was recognized for having superior survival rates, better long-term outcomes, better adherence to accepted care protocols and patient-safety standards, shorter hospital stays, higher patient-satisfaction scores and fewer patient complications.
Another key distinguishing factor was Banner Health’s use of health information technologies for the implementation of electronic medical records at every Banner facility. Modern Healthcare cited Banner Health’s use of electronic medical records to help eliminate sepsis at its facilities as one of the ways information technology is playing a leading role in improving the quality of care.
“We are gratified for being nationally recognized as a leader in clinical excellence and innovation,’’ said Banner Health President and Chief Executive Officer Peter S. Fine. “Our single-sentence mission statement says it all: we make a difference in peoples’ lives through excellent patient care.’’
“When choosing an operator for our community owned hospital, we had to look at many factors – the clinical excellence that Banner Health brings with them is at the top of the list.” said Jeff Cook, President of the Hospital Foundation.
According to Thomson Reuters, among the key findings in the study were the following:
Lower 30-Day Mortality Rates: Top 15 Top Health Systems held post-discharge 30 day mortality rates steady; while those not in the Top 15 had a significant increase in post-discharge mortality.
Better Survival Rates: Top 15 hospitals had 17 percent fewer deaths than expected considering patient severity, while others had 4 percent more deaths than expected.
Fewer Complications: Patients of Top 15 health systems had 19 percent fewer complications.
Shorter Hospital Stays: Patients treated in the Top 15 hospitals have a median average length of stay of 4.7 days, nearly half a day shorter than their peers' median of 5.1 days.
Better Patient Safety and Core Measure Adherence: Top health systems had 23 percent fewer adverse patient safety events than expected and had better adherence to core measures of care than their peers.
ABOUT BANNER HEALTH
Headquartered in Phoenix, Banner Health is one of the largest, nonprofit health care systems in the country. Locally, Banner Health operates 150 bed Fairbanks Memorial Hospital, 90 bed long term care facility Denali Center, as well as Alaska’s largest private multi-specialty clinic, Tanana Valley Clinic. Banner Health is in seven states: Alaska, Arizona, California, Colorado, Nebraska, Nevada and Wyoming.