October 14, 2009, Victorville, CA – Adding to its recent selection by Thompson Reuters as one of the top 10 US Health Systems in the nation, two Prime Healthcare Services’ (PHS) hospitals have been named among the Top 100 Best in Value Hospitals™ in the country by Data Advantage, LLC., an independent healthcare information company. The hospitals, Paradise Valley Hospital, located in National City and West Anaheim Medical Center, located in Anaheim, were the only two California hospitals selected from over 4,500 U.S. hospitals studied for the value of the care they provide.
“I am very proud of our team of physicians, nurses and staff for being recognized for the quality of care they deliver and, given these difficult economic times, in a manner that is cost-effective to both patient and insurer,” said Prem Reddy, MD, FACC, FCCP, PHS’ Chairman of the Board. “Both of these hospitals were in serious financial distress when we acquired them. For these hospitals to go from near closure to the best of the best is a testament to the hard work of the hundreds of professionals who work in these community hospitals each and every day to deliver quality and cost-effective health care services.” “To be recognized by two independent organizations as one of the Top 100 Hospitals in the country is truly an honor for me and for the incredible staff of doctors, nurses and associates who give their all each and every day to save lives and keep people from getting ill,” said Lex Reddy, MBA, MHA, President & Chief Executive Officer of PHS.
"These hospitals are setting the bar for the rest of the country when it comes to delivery of care in a cost-effective manner. If every hospital performed at the level of the Top 100, we found that more than $60 billion per year could be saved," said Hal Andrews, CEO of Data Advantage. He added that, “As legislators consider health reform, we believe that it will be increasingly important to recognize and reward those hospitals that deliver outstanding value.”
Paradise Valley Hospital, a 105-year-old healthcare facility, was in serious financial distress and slated for closure when it was acquired by PHS in 2007. “This is a tremendous turn-around in operations of the hospital in a very short span,” said Luis Leon, PA, PhD, PVH’s CEO, “we are very proud of this accomplishment and the coveted recognition it deserved.”
West Anaheim Medical Center, acquired by PHS in late 2006, was not only recognized as a Top 100 Best in Value Hospitals™ in the Nation by Data Advantage, LLC., it was also recognized in 2009 by Thomson Reuters as one of the Top 100 Hospitals in the Nation. It was also one of the participating hospitals included in the study as a reason for Prime Healthcare Services was named one of the Top 10 Health Systems in the nation, the only California provider to be named by the independent national organization of Thomson Reuters in 2009. “We are proud that West Anaheim Medical Center is the only California hospital to have received both distinctions, we could not have asked for anything better” said Virg Narbutas, MPH, West Anaheim Medical Center’s Chief Executive Officer.
Prime Healthcare Services, which, by and through its subsidiaries, owns and operates 13 acute care hospitals in California, has also been recently ranked by Thomson Reuters as one of the top 10 US health systems in the nation for 2009. PHS is the only for-profit health system to receive this coveted recognition and the only health system from west of Mississippi. PHS ranked higher than 252 health systems and 1720 hospital members and a total of 9,809,400 patient discharges in 2007.
About Data Advantage, LLC
Data Advantage, LLC is a privately held healthcare information company that specializes in providing hospitals and other healthcare-related businesses with independent and objective business intelligence. The company has aggregated and compiled a warehouse of the most insightful information about healthcare utilization and maintains comprehensive benchmarks about the financial, operational and clinical performance of the U.S. hospital industry. For more information, visit www.data-advantage.com or call 866-996-3282.
About Thomson Reuters
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 in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93 countries. For more information, go to thomsonreuters.com.
About Prime Healthcare Services
Prime Healthcare Services, Victorville, Calif., is a progressive, innovative and rapidly expanding hospital management company in Southern California. The mission of PHS is to provide comprehensive quality healthcare in a compassionate, convenient and cost-effective manner. With more than 8,000 employees, PHS, by and through its subsidiaries, currently owns and operates thirteen acute care hospitals: Centinela Hospital Medical in Inglewood (370- beds),
Chino Valley Medical Center in Chino (126- beds),
Desert Valley Hospital in Victorville (83- beds),
Encino Hospital Medical Center in Encino (151-beds),
Garden Grove Hospital Medical Center in Garden Grove (167-beds),
Huntington Beach Hospital in Huntington Beach (141-beds),
La Palma Intercommunity Hospital in La Palma (131-beds),
Montclair Hospital Medical Center in Montclair (102-beds),
Paradise Valley Hospital in National City (301-beds),
San Dimas Community Hospital in San Dimas (93-beds),
Shasta Regional Medical Center (246-beds),
Sherman Oaks Hospital and the Grossman Burn Center in Sherman Oaks (153-beds), and
West Anaheim Medical Center in Anaheim (219-beds) in California. For more information, please visit
www.primehealthcare.com