Resources

CHRS Archives

Benchmarking Analyses

A sample benchmarking report for seven select market, facility, operating and financial metrics is available below. The CHRS provides an opportunity to develop comprehensive benchmarking analyses for planned or completed community hospital replacement projects against a data set of all replacement projects completed between 2000 and 2007. This data set will be updated periodically to include additional replacement hospitals as they become operational.

Additional Research

  • Why is Cost Position Important? (Cost Position 1 of 2)

    A 2-part analysis of post-replacement cost position relative to pre-replacement trends and national averages.  The 25th and 75th percentiles for replacement hospital cost position are compared and drivers of cost position post-replacement assessed.

    Published: June 2009

    Download the White Paper here. PDF, 106 Kilobytes.

  • Why do some replacement hospitals have lower operating costs? (Cost Position 2 of 2)

    The second part of a 2-part analysis looking at a set of hospitals’ abilities to improve their organization’s cost position while replacing their hospital and its impact on growth, pricing, operating and asset efficiency, and profitability.

    Published: February 2010

    Download the White Paper here. PDF, 207 Kilobytes.

  • Common Elements of the Top 25% and the Bottom 25%

    An analysis of common factors and drivers for the top 25% of replacements that significantly outperform median post-replacement median growth in adjusted discharges, operating margin and EBIDA margin will be contrasted with common factors for the bottom 25% of replacements.

    To be Published: Spring 2010

  • Staff Productivity Analysis 2010

    A 2-part analysis of staff productivity post-replacement relative to pre-replacement trends and national averages.  The 25th and 75th percentiles for replacement hospital staff productivity are compared and drivers of staff productivity post-replacement assessed.

    To be Published: Fall 2010

Suggestions and questions for supplemental CHRS research are welcome; please contact Jeff Sommer

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Media Coverage and Related Materials

  • Published Articles

    Asset efficiency: why it matters and how to measure it.
    Healthcare Financial Management Magazine, January 2010
    Click here to read the article.

    Replacement hospitals: variance in operating margin compared with the national average.
    Healthcare Financial Management Magazine, October 2009

    Replacement facilities usually a boon for hospital finances, study says.
    Health Facilities Management Magazine, April 2009
    Click here to read the article.

  • Feasibility Study for a New Hospital

    Stroudwater performed a feasibility study (linked below) for the City of Marble Falls, Texas in 2006. This study provides an overview of key elements of a feasibility study for a new hospital and is available here with the client’s permission. It was performed on a “greenfield” hospital, i.e., there was no predecessor hospital that was being replaced. While the emphasis of this study for a greenfield hospital is different than for a replacement hospital, it is a useful example of what a feasibility study should address and quantify.

    Because there is no CON (certificate of need) regulation in Texas, the purpose of the study was to validate the need for a new hospital and to attract investment and a hospital operator. Scott & White, the largest multi-specialty practice with more than 500 physicians in Texas will operate the 100+ bed Lake of the Hills Regional Medical Center in Marble Falls.

    Download the feasibility study here. PDF, 929 Kilobytes.

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    For More Information

    For upcoming events, check the calendar.

    Interested in following up with us? To:

    • submit a question about the CHRS,
    • submit a suggestion for additional research,
    • request a presentation,
    • request a custom benchmarking analysis,
    click here to contact us.

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