Find Your True Peers With

SimilarityIndex® | Hospitals

Unlike static "best of" lists, SimilarityIndex® | Hospitals uses machine learning to identify the 50 most similar peer hospitals to your facility and benchmarks performance across four indexes: Quality, Financial, Competitive and Price.

 

Choose a hospital to get started.

The following 50 hospitals represent an empirically similar peer group to the chosen hospital above. Hospital peer groups are generated by Trilliant Health’s SimilarityEngine™, accounting for hospital-specific metrics (e.g., Medicare Case Mix Index and bed size) and market characteristics of the Core-Based Statistical Area (CBSA) in which the hospital operates (e.g., population size). Peer hospitals share clinical, operational and market-level characteristics.

This mathematically determined peer group of hospitals will be highlighted as you explore the Quality, Financial, Competitive and Price Indexes. Similarity Scores are bound between 0 and 100, with a value closer to 100 reflecting greater similarity to the benchmark hospital.

How does the benchmark hospital compare to its peer group?

Compared to its peers, the user-selected hospital may perform better or worse in different areas (e.g., Quality). Use the visualizations below to see where the benchmark hospital falls within its peer group across three indexes (Quality, Financial and Competitive) and one metric (Price). Toggle between the rank and distribution view to see how the benchmark hospital stacks up against its peers, as well as the scores for each hospital in the peer group.

The scores displayed in the Quality, Financial and Competitive indexes represent an average of each underlying metric’s percentile ranking. The scores inform how the benchmark hospital is performing against its peer group. The values displayed for Price represent the facility-level value of the hospital’s negotiated rate with UnitedHealthcare for MS-DRG 470 (Major Hip and Knee Joint Replacement or Reattachment of Lower Extremity Without Major Complication or Comorbidity). Compare against the national distribution to see how the peer group and index hospital differ from more than 2,200 U.S. hospitals. Health economy stakeholders can identify which hospitals are truly comparable and confront the reality that even among peers, pricing variation remains both drastic and unexplained. Talk to a member of our team to learn more about your rates, how they compare to your true peers and how they differ from your competitors.

The indexes presented above are displayed in tabular form below. Sort the table by the index of your choice to compare scores across the defined hospital peer group:

Similarity Index Hospitals

Enhancing performance with SimilarityIndex® | Hospitals

Data-driven strategies to evaluate hospital performance and market selection have never been more important, especially in light of CMS’s Transparency in Coverage initiative that has revealed stark disparities in negotiated price for identical healthcare services. Contact us if you want to create evidence-based strategies for healthcare. 
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