Monday, November 07, 2016
Holy Family Memorial has been recognized as a Community Value Five-Star Hospital by Cleverley + Associates.
Holy Family Memorial has been named a recipient of the Community Value Provider by Cleverley + Associates, a leading healthcare financial consulting firm specializing in operational benchmarking and performance enhancement strategies.
Cleverley & Associates published a ranking of the best hospitals in the nation in terms of value they provide for their community. The current rankings were recently published in "The State of the Hospital Industry - 2016 Edition".
Cleverley and Associates conducts a logical and meaningful evaluation of all U.S. hospitals using team measures that assess a hospital's performance in four areas:
- Financial strength and investment
- Cost of care
- Pricing structure
The analysis suggest that a hospital provided 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.
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