ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Community Health Systems’ Decade Long Commitment to Patient Safety Featured in NEJM Catalyst

More than ten years ago, hospitals affiliated with Community Health Systems, Inc. (NYSE: CYH) embarked on an important safety journey to deliver better outcomes for patients, reduce risk and liability and build trust in the communities they serve. Since then, the hospitals have achieved and maintained an 89% reduction in their Serious Safety Event Rate.

Today, NEJM Catalyst Innovations in Care Delivery, a peer-reviewed journal from the publishers of the New England Journal of Medicine dedicated to the latest innovations, big ideas and practical solutions for health care delivery transformation, recognized CHS’ accomplishments in an article published in its December issue.

The article chronicles the deployment of specific high-reliability leadership methods, human-error prevention behaviors, and a structured approach to cause analysis that directly resulted in reductions in medication errors, patient falls, healthcare-associated infections, procedural errors and other serious safety events.

CHS was one of the first healthcare organizations in the nation to create an AHRQ federally listed Patient Safety Organization, or PSO, to enable ongoing conversations and data analysis in a legally-protected environment to identify opportunities for continuous improvement. Through the PSO, CHS established a safety base-line in 2012 and began its journey to zero preventable harm.

“The catalyst in our journey to zero preventable harm was in analyzing baseline data for serious safety events and recognizing that preventable patient harm was occurring, similar to other health systems and consistent with reported trends,” says Lynn Simon, M.D., President, Healthcare Innovation and Chief Medical Officer of Community Health Systems. “Our goal became zero events of preventable harm, which we believe is possible and the only acceptable target to align with safety as a core value.”

“Ongoing Journey to Zero Preventable Harm,” authored by Dr. Simon and CHS Vice President and Patient Safety Officer Terrie Van Buren, details the numerous safety processes, training initiatives, behaviors and cause analysis programs deployed by CHS to drive sustainable results.

“Thousands of patients have been spared from harm because our clinical and support teams embraced the importance of keeping their patients safe and actively participated in the changes that were required to achieve these results,” says Dr. Simon. “Across CHS, safety is a core value embedded in the hearts and minds of our caregivers – a commitment that is constant, unchanging, and unyielding in the face of the latest trends or competing priorities.”

About Community Health Systems, Inc.

Community Health Systems, Inc. is one of the nation’s largest healthcare companies. The Company’s affiliates are leading providers of healthcare services, developing and operating healthcare delivery systems in 41 distinct markets across 15 states. CHS subsidiaries own or lease 74 affiliated hospitals with over 12,000 beds and operate more than 1,000 sites of care, including physician practices, urgent care centers, freestanding emergency departments, occupational medicine clinics, imaging centers, cancer centers and ambulatory surgery centers.

Shares in Community Health Systems, Inc. are traded on the New York Stock Exchange under the symbol “CYH.” The Company’s headquarters are located in Franklin, Tennessee, a suburb south of Nashville. More information about the Company can be found on its website at www.chs.net.

Contacts

Media Contact:

Tomi Galin, 615-628-6607

Executive Vice President, Corporate Communications, Marketing and Public Affairs

Community Health Systems



Investor Contacts:

Kevin Hammons, 615-465-7000

President and Chief Financial Officer



Anton Hie, 615-465-7012

Vice President, Investor Relations

Recent Quotes

View More
Symbol Price Change (%)
AMZN  229.53
+0.42 (0.18%)
AAPL  278.78
-1.92 (-0.68%)
AMD  217.97
+1.99 (0.92%)
BAC  53.95
+0.07 (0.13%)
GOOG  322.09
+3.70 (1.16%)
META  673.42
+11.89 (1.80%)
MSFT  483.16
+2.32 (0.48%)
NVDA  182.41
-0.97 (-0.53%)
ORCL  217.58
+3.25 (1.52%)
TSLA  455.00
+0.47 (0.10%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.