HMP Metrics™
Peer Group Adjusted Performance Measurement for Healthcare Providers
HMP Metrics™ uses our own developed and maintained custom electronic database which includes data contained in the Healthcare Cost Report Information System (HCRIS) from more than 50,000 Medicare Cost Reports filed by hospitals, nursing homes, home health agencies and other providers since 1994. Additionally for hospitals only, the HMP Metrics database also includes selected data elements from the Medicare Provider Analysis and Review (MEDPAR) database and data sets licensed by HMP from credit rating agencies and healthcare industry trade associations.
Using proprietary filters, the data contained in the HMP Metrics database has been “scrubbed” to exclude incorrect, partial period or statistically aberrant data elements for individual hospitals or health systems. This data validation process enables us to produce highly accurate and defensible peer group comparisons for dozens of standard industry metrics.
HMP can easily create customized reports and mix or create new peer groups and compare them to state or national benchmarks. Examples of peer groups that a user might wish to examine include:
- Hospital members of a single multi-hospital system
- Hospitals with a specific long-term debt rating (BBB, A-, AA, etc.)
- Hospital members of specific hospital trade association (CHA, NCHRI, AAMC, etc.)
- Hospitals by ownership, size, geographic region or teaching status
- Hospitals with bonds outstanding issued by a specific healthcare facility’s bond authority
The diversity of peer groups and metrics that can be measured is almost limitless. In addition, for each peer group comparison and metric, HMP Metrics also produces the peer group mean and median values and associated record counts for each quartile within the peer group.
HMP Metrics will also provide the number of records (cost reports) that were excluded from the computation of that particular metric.
HMP Metrics™ Quarterly Report October, 2010
HMP Metrics™ is a summary analysis of hospital performance by ownership and hospital type. Please feel free to download any of the following detailed reports on each hospital grouping included in the quarterly summary report. download report
Supplemental Report for Children’s Hospitals
Freestanding children’s hospitals in the United Sates with a unique Medicare provider number, subdivided by number of beds. (Excludes self-designated children’s hospitals which are part of a larger general acute care hospital). download report
Supplemental Report for All Major Teaching Hospitals
All major teaching general acute care hospitals in the United Sates subdivided by number of beds. download report
Supplemental Report for All General Acute Care Hospitals
All general acute care hospitals in the United States subdivided by number of beds. download report
Supplemental Report for All State and Local Government Owned General Acute Care Hospitals
State and local government owned general acute care hospitals in the United Sates subdivided by number of beds. download report
Supplemental Report for All Investor Owned General Acute Care Hospitals
All investor owned general acute care hospitals in the United Sates subdivided by number of beds. download report
Supplemental Report for All Not-for Profit General Acute Care Hospitals
All not-for-profit general acute care hospitals in the United Sates subdivided by number of beds. download report