NRMC Recognized as a Top 10 Hospital Nationally
June 25, 2018
As one of 2,800 hospitals participating in the Centers for Medicare Services Value Based Purchasing program, NRMC’s performance has been recognized as a Top 10 hospital in its size category for its overall performance regarding, financial margin, safety, cost and value by Franklin Trust Ratings.
"A study of the Financial and Value performance of the U.S. Hospital industry identified hospitals performing at the top of their range on Value while also delivering EBITDA profit margins that support community mission,” stated Franklin Trust Ratings. "Hospitals were divided into three categories based on bed size. For each cohort studied, ten hospitals with the highest Value Based Purchasing TPS and highest EBITDA margins were identified. In total, 20 metrics of performance were studied and considered. Additional metrics presented also revealed how these hospitals score across: case-mix complexity, teaching status, occupancy, readmission rates and overall patient experience.”
“I am extremely proud of our team. NRMC Associates consistently demonstrate their commitment to our mission. They come to work each day focused on patient safety and achieving good health outcomes for our community,” explained Kirk Soileau, Chief Executive Officer.