May 21, 2014
DeKalb Medical was recently recognized as a top-ranked Community Value Five-Star® Provider by Cleverley + Associates. Cleverley + Associates, a leading healthcare financial consulting firm based in Columbus, Ohio and specializing in operational benchmarking and performance enhancement strategies, released the findings as part of its new publication: State of the Hospital Industry – 2013 Edition.
“We are committed every day to quality care and service excellence to our patients and their families, and are pleased to again be recognized by Cleverley + Associates for our efforts,” said DeKalb Medical Chief Executive Officer John Sheleton.
Written by William O. Cleverley, Ph.D., a noted expert in healthcare finance, the State of the Hospital Industry reports selected measures of hospital financial performance and discusses the critical factors that lie behind them. The publication focuses on the US acute-care hospital industry over a three-year time period.
For the 10th year, the 2013 State of the Hospital Industry reports an exclusive measure developed by Cleverley + Associates: the Community Value Index® (CVI). The CVI is a proprietary index created to offer a measure of the value that a hospital provides to its community. The book outlines the data used to calculate the CVI as well as provides a list of the Top 100 and all Five-Star (top quintile) hospitals.
“The topic of hospital value is increasingly being discussed. Issues of pricing and community benefit have been well-publicized but little has been offered to measure the broad scope of value,” said James Cleverley, report co-author. “In response, the Community Value Index® was created to provide an assessment of a hospital’s performance in four areas: financial strength and reinvestment, cost of care, pricing, and quality. Fundamentally, the CVI suggests that a hospital provides value to the community when it is financially viable, is appropriately reinvesting back into the facility, maintains a low cost structure, has reasonable charges, and provides high quality care to patients.”
DeKalb Medical was one of only three hospitals in the metro Atlanta area and one of 15 in the state to be recognized.
About DeKalb Medical
Founded in 1961, DeKalb Regional Health System, Inc., known as DeKalb Medical, is comprised of more than 800 doctors skilled in 55 medical specialties across three campuses. The 627-bed system includes DeKalb Medical at North Decatur (451 beds), DeKalb Medical Long Term Acute Care at Downtown Decatur (77 beds), DeKalb Medical at Hillandale (100 beds), DeKalb Medical Physicians Group and the DeKalb Medical Foundation. The not-for-profit health care system is a HealthGrades® Five-Star Recipient for Treatment of Heart Attack in 2013 and Five-Star Recipient for Peripheral Vascular Bypass in 2012, and earned the Get With The Guidelines®–Stroke Silver Quality Achievement Award from the American Heart/American Stroke Association. Our Maternity Center was selected as a participant in the Best Fed Beginnings project as part of UNICEF/WHO’s Baby-Friendly Hospital Initiative. Our Cancer Center received the Outstanding Achievement Award and is granted three-year approval by The Commission on Cancer of the American College of Surgeons as a community hospital comprehensive oncology program. Our Joint Solutions Center is a metro Atlanta leader in joint replacement. In addition, our LTAC earned The Joint Commission’s Gold Seal of Approval® for acquired brain injury, wound care and respiratory failure services. Visit www.dekalbmedical.org.
About Clerverley + Associates
Cleverley + Associates is a Columbus, Ohio-based healthcare data and consulting services firm specializing in custom data analyses and reporting for healthcare providers, consultants, and vendors. The company’s primary focus is to provide healthcare providers with solutions and recommendations that will enhance their financial performance through better pricing decisions; improved coding, capital restructuring, cost and productivity enhancements; and/or investment management changes. For more information, call Cleverley + Associates at 888-779-5663 or visit www.cleverleyassociates.com.