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Thomson Reuters Honors Temple University Health System for Initiative That Cut Costs $64 Million and Grew Clinical Service Lines
Thomson Reuters Honors Temple University Health System for Initiative That Cut Costs $64 Million and Grew Clinical Service Lines
ANN ARBOR, Mich., May 14 /PRNewswire-FirstCall/ -- The healthcare business
of Thomson Reuters today honored 13 hospitals for excellence in performance
improvement at the fourth annual presentation of the Insight Awards. Winners
of the 2008 awards were announced during the Thomson Reuters Healthcare
Advantage Conference at the Rosen Shingle Creek Resort inOrlando, Florida.
Temple University Health System won the Insight Award for Overall
Performance for a multi-year initiative, using Thomson Reuters tools and
services including ACTION O-I(R) and Market Expert(R), to reduce costs and
increase clinical service line growth.
The health system integrated the ACTION O-I performance benchmarking
solution into its operational infrastructure to reduce cost by $64.1 million
in the current fiscal year. Simultaneously, it pursued a growth strategy in
six clinical service lines using Market Expert strategic planning data to
define markets and evaluate competitors for specific services.
The awards were given in four categories: clinical, operational, strategic
planning and marketing, and overall performance. The winners are listed below.
Overall Performance
Temple University Health System - Philadelphia, Pa.
Clinical Performance
St. Joseph Medical Centre - Reading, Pa.
St. Tammany Parish Hospital - Covington, La.
Trumbull Memorial Hospital - Warren, Ohio
Clinical Decision Support
Columbus Regional Hospital - Columbus, Ind.
St. Elizabeth Medical Center - Edgewood, Ky.
Nebraska Medical Center - Omaha, Neb.
Operational and Financial
South Jersey Healthcare - Vineland, N.J.
St. Elizabeth Medical Center - Covington, Ky.
Temple University Health System - Philadelphia, Pa.
University Hospital - Augusta, Ga.
Marketing and Planning
Medical Center Hospital - Odessa, Texas
Oakwood Healthcare System - Dearborn, Mich.
Pinnacle Health System - Harrisburg, Pa.
"We are pleased to celebrate the success of these hospitals and to
recognize their hard work and dedication to quality care and continuous
improvement," said Terry Cameron, executive vice president, Thomson Reuters.
"Each of these hospitals has used Thomson Healthcare solutions to positively
impact organizational efficiency, clinical quality, or strategic planning and
marketing."
About Thomson Reuters
The healthcare business of Thomson Reuters produces insights, information,
benchmarks and analysis that enable organizations to manage costs, improve
performance and enhance the quality of healthcare. Thomson Reuters is the
world's leading source of intelligent information for businesses and
professionals. We combine industry expertise with innovative technology to
deliver critical information to leading decision makers in the financial,
legal, tax and accounting, scientific, healthcare and media markets, powered
by the world's most trusted news organization. With headquarters inNew York
and major operations inLondon andEagan, Minnesota, Thomson Reuters employs
more than 50,000 people in 93 countries. Thomson Reuters shares are listed on
the New York Stock Exchange (NYSE: TRI); Toronto Stock Exchange (TSX: TRI);
London Stock Exchange (LSE: TRIL); and Nasdaq (Nasdaq: TRIN). For more
information, go to www.thomsonreuters.com.
SOURCE Thomson Reuters
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
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