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New Index Ranks Hospitals’ Community Benefit
By Health Capital Consultants, LLC
On July 7, 2020, the Lown Institute, a nonpartisan think tank, announced the initial release of its new ranking system for hospitals. Called the “Hospitals Index,” this ranking analyzes not just the quality of care and patient outcomes but also the hospital’s civic leadership and avoidance of overuse, ideas that harken back to the core mission and vision of the Lown Institute itself.
Founded in 1973, the Institute advocates for a healthcare system that “rejects low-value care, incentivizes healing over profits, promotes health equity, and honors the value of the clinician-patient relationship.” (Read more…)
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Filed under: Ethics, Glossary Terms, Quality Initiatives | Tagged: Health Capital Consultants LLC, Hospitals’ Community Benefit |
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I know of PLENTY of hospitals, groups and smaller practices that use the not for profit loophole to take in lots of money. It is another scam in the system that hurts honest, upstanding companies like ours. This should never be allowed with the amount of money paid to executives of these organizations. Either make it right for all or none UNLESS one can prove they deserve it.
Of course, “bad debt” is measured by unrecovered charges, which may be more than the true cost of the service.
CHARLES
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