Crisp Regional Hospital receives recognition
Published 9:42 am Monday, September 12, 2016
CORDELE — Crisp Regional Hospital 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 – 2016 Edition.
“We are honored to be among an elite group of hospitals nationwide to receive this award,” stated Jessica Carter, CPA; Vice President and Chief Financial Officer of Crisp Regional. “We are committed to providing high quality, affordable care for our community.”
For the thirteenth year, the 2016 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 ‘Five-Star list’ means that Crisp Regional is in the top 20 percent of the comparison group,” said Steven Gautney, President and CEO of CRHS. “This award is particularly meaningful to us because, unlike some individual measures, the CVI provides a great overall performance measure. The report by Cleverly also finds that overall our prices are approximately 20 percent lower than those of other hospitals.”
The Community Value Index pulls publicly reported data around 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. Crisp Regional Hospital has exemplified all of these qualities and has been awarded for their efforts.
Crisp Regional Health Services is a health care system comprised of Crisp Regional Hospital, Crisp Regional Nursing and Rehabilitation Center, Cordele Health and Rehab, Crisp Regional Dialysis Center, Blackshear Retirement Villas, Crisp Regional Convenient Care, Warwick Healthcare Clinic, CareSouth Homecare Professionals, Reflections Hospice of Crisp Regional, The Wound Center at Crisp Regional Hospital, The Vein Center at Crisp Regional Hospital and Crisp County EMS. For more information contact Brooke Marshall, Director of Community Relations at 229-276-3284.