BRHS Recognized as a Five-Star Community Value Provider
by Cleverley + Associates
Brazosport Regional Health System was recently recognized as a Five-Star 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 — 2007 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 time period (2003-2005). For the fourth year, the 2007 State of the Hospital Industry reports an exclusive measure developed by Cleverley + Associates: the Community Value IndexTM (CVI). The CVI is a proprietary index created to offer a measure of the value that a hospital provides to its community.
The Community Value IndexTM was created to provide an assessment of a hospital’s performance in three areas: financial strength and reinvestment, cost of care, and pricing. Fundamentally, the CVI suggests that hospitals that are low cost, low charge, and use financial resources efficiently for reinvestment back into the provision of healthcare are operating with a high degree of community value.
We’re delighted to be named as a Five Star Community Value Index Hospital by Cleverley & Associates. We take great pride in how such an award demonstrates the BRHS commitment to providing the highest quality, most cost-effective healthcare for the communities we serve. And it underscores what we dedicate ourselves to everyday, providing you with The Right Care…Right Here.
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