Francis N Sanders Nursing Home is a facility that is ranked on various efficiency and productivity indicators by VHI. These indicators were designed to assist large employers, health insurance companies, and purchasers in finding the most efficient and productive healthcare providers. The rankings provided by VHI offer insight into the charges, costs, productivity, financial viability, and community support of ambulatory surgical centers, hospitals, and nursing facilities like Francis N Sanders Nursing Home.
Quartile rankings are used to compare the performance of facilities in a geographic region. Each facility is assigned a quartile value from 1 to 4 based on their performance indicators. The rankings allow individuals to see where the facility falls in terms of costs and profits, providing a clear picture of their operational efficiency. By identifying facilities that are efficient, it is possible to reduce unnecessary costs and potentially improve the quality of care provided.
Under Virginia law, VHI collects audited financial statements and other information from nursing facilities like Francis N Sanders Nursing Home. This information is reviewed and verified to provide annual rankings based on the facility's fiscal year. The rankings offer valuable insight into how the facility is performing financially and operationally, allowing for comparisons between facilities based on various performance indicators.
For those seeking more in-depth comparisons, VHI offers Excel spreadsheets of the data displayed on their website. These spreadsheets allow for side-by-side comparisons of facility scores, providing a comprehensive analysis of their performance. Additionally, more details on the methods used by VHI can be found in their Industry Report, which offers a complete overview of the data and rankings provided by VHI.