July 8, 2011
Hi-Desert Medical Center was recently recognized as a top-ranked Community Value Provider by Cleverley + Associates (Columbus, OH).  Cleverley + Associates, a leading healthcare financial consulting firm specializing in operational benchmarking and performance enhancement strategies, released the findings as part of its new publication: State of the Hospital Industry - 2011 Edition.

  

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 period (2007-2009).

  

"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," adds James Cleverley, 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."

  

"We are pleased to once again be recognized by Cleverley + Associates," said Thomas Duda, chief financial officer, Hi-Desert Medical Center.  "This distinction represents that Hi-Desert Medical Center has low costs, low charges, uses financial resources efficiently for reinvestment back into the provision of healthcare, and provides a high quality of patient care.  These are all core targets we focus on as a healthcare District.  This all points to the healthcare District providing the communities it serves with a high degree of community value."

  

Cleverly + 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.