Overview of the Problem
In the quest for pediatric hospital equity, children’s hospitals implement structural measures designed to increase equity in healthcare delivery. However, understanding the effectiveness and impact of these measures is challenging without a benchmark. Hospitals need a means to accurately compare their implementation of these measures against those of peer institutions, to identify areas of strength and areas for improvement.
The Role Opus Plays
Opus, Configo Health’s benchmarking analytics platform, was designed to address this need. Opus enables pediatric hospital equity leadership teams to submit data pertaining to their implemented structural measures. Once submitted, Opus provides a comprehensive visual representation of how their hospital’s measures compare to those of other children’s hospitals. It presents clear and concise benchmarking data, allowing hospitals to understand their performance in relation to their peers.
Value Created by Opus
The real-time, comparative insights that Opus provides drive value in multiple dimensions:
- Efficiency: By identifying which structural measures are having the greatest impact, hospitals can streamline their operations and reallocate resources where they are most effective. This efficiency drives significant cost savings.
- Performance Improvement: Opus’ benchmarking data helps hospitals identify areas in their structural measure implementation that need improvement. By focusing on these areas, hospitals can drive better patient outcomes.
- Benchmarking Excellence: By providing a clear picture of where a hospital stands compared to others, Opus aids in continual performance improvement. This benchmarking can lead to a better standing in hospital rankings, such as the U.S. News & World Report.
- Regulatory Compliance: Opus’ robust benchmarking evidence supports hospitals in demonstrating their commitment to equity in healthcare, which aids in meeting regulatory requirements.
- Strategic Direction: Opus’ data can inform a hospital’s strategic planning. By understanding where they stand in comparison to their peers, hospitals can make informed decisions about where to focus their efforts, which can lead to improved reimbursement rates.
How to Use Opus to Solve this Problem
When onboarding with Opus Equity, the Configo team will provide your hospital with a structural assessment survey. The survey can be uploaded directly in Opus Equity and will produce an overview of your responses and gap analysis compared to other hospitals.