Torrance Named Among Nation's Best Hospitals for the Fourth Straight Year
March 04, 2015
Truven Health Analytics this week named Providence Little Company of Mary Medical Center Torrance to its 2015 100 Top Hospitals in the nation, one of just 14 hospitals in California to receive this honor.
The Catholic not-for-profit hospital has earned this honor for the past four years – and once before that string began.
“Two years in a row is a good sign, three is really good, but four consecutive years shows consistency in providing top quality care for our patients,” said Liz Dunne, chief executive, Providence South Bay community. “I’m truly inspired by our caregivers – our physicians, our nurses and all our staff and volunteers who share this award.”
In November, Truven named Providence Little Company of Mary Medical Center Torrance to its 2015 Top 50 Top Cardiovascular Hospitals in the nation, the only community hospital in Southern California to receive this honor and one of just two in California. And in January, Healthgrades awarded the hospital and four other Providence Southern California medical centers it Distinguished Hospital for Clinical Excellence Award for the second consecutive year.
The Truven Health 100 Top Hospitals study identifies hospitals and leadership teams that provide the highest level of value to their communities, based on a national balanced scorecard. The 100 Top Hospitals balanced scorecard measures overall organizational performance across 11 key analytic measures including patient care, operational efficiency and financial stability. The study has been conducted annually since 1993.
To conduct the 100 Top Hospitals study, Truven Health researchers evaluated close to 3,000 short-term, acute-care, nonfederal hospitals. Risk-adjusted methodologies were used to analyze public information — Medicare cost reports, Medicare Provider Analysis and Review data, and core measures and patient satisfaction data from the Centers for Medicare & Medicaid Services Hospital Compare reports. Hospitals do not apply, and winners do not pay to market this honor.
The winning hospitals are being announced today in Modern Healthcare magazine.
Based on the results of this year’s study, if all Medicare inpatients received the same level of care as those treated in the award-winning facilities:
- Nearly 126,500 additional lives could be saved
- Nearly 109,000 additional patients could be complication-free
- $1.8 billion in inpatient costs could be saved
- The typical patient could be released from the hospital half a day sooner
- Episode-of-illness expense would be 2 percent lower than the peer median
“This year’s 100 Top Hospitals represent the highest national standards in hospital care and management today. They set the benchmarks for peers around the country to follow — consistently delivering outstanding quality of care, satisfaction and community value at a reasonable cost,” said Jean Chenoweth, senior vice president for performance improvement and the 100 Top Hospitals program at Truven Health Analytics. “The majority of the 2015 award winners have produced year-to-year performance improvement, as well. This speaks to the consistent focus on excellence by the entire organization and the men and women who serve patients.”