Manorcare Health Services - Fair Oaks is a healthcare facility that is part of VHI's Efficiency and Productivity rankings for ambulatory surgical centers, hospitals, and nursing facilities. VHI's indicators are designed to help large employers and purchasers, such as health insurance companies, identify the most efficient and productive healthcare providers. The facility is evaluated based on factors such as charges, costs, productivity, financial viability, and community support, which are all important in determining the overall efficiency of a healthcare provider.
Quartile rankings are used to compare the performance of facilities within a geographic region. By sorting performance indicator values from top to bottom, each facility is assigned a quartile value from 1 to 4. This allows for an easy comparison of how well a facility is performing in terms of costs and profits. Efficiency in healthcare is crucial as it can lead to reduced waste and better quality of care by streamlining processes and reducing unnecessary costs.
Manorcare Health Services - Fair Oaks undergoes an evaluation process by VHI each year based on audited financial statements and other information collected under Virginia law. The facility's ranking is determined by its fiscal year data, allowing for an accurate assessment of its performance. By providing detailed information on costs, profits, and other key indicators, VHI's rankings help employers and purchasers make informed decisions when selecting healthcare providers.
For those interested in more in-depth comparisons of facility scores, VHI offers Excel spreadsheets of the data displayed on their website. These spreadsheets allow for a side-by-side comparison of facility scores and provide additional details on the methods used by VHI in their evaluations. Manorcare Health Services - Fair Oaks is part of VHI's Industry Report, which offers comprehensive information on the facility's performance and its rankings in terms of efficiency and productivity.