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PRESENTER NAME • PRESENTER TITLE • MONTH DATE, 2012
Value Proposition
• Definition: A business or marketing statement that summarizes why one particular product or service will add more value or better solve a problem than other similar offerings.
• Why are Michigan hospitals so critical to a healthier state and a stronger economy? Because above all else and beyond all others, they add value to their communities and to our state as a whole.
Value Proposition: 24/7 Care for All
In 2010, Michigan community hospitals:• hosted more than 29,649,000 outpatient visits• admitted nearly 1,183,000 people• provided more than 5,513,000 days of inpatient care – at thesame time keeping their average length of stay to 4.66 days(compared to 5.0 nationally)• cared for 4,518,000 emergency room patients
Health care is Michigan’s largest private-sector employer.
• more than 555,400 direct jobs• direct health care employees earn more than $31 billion in wages, salaries and benefits• Michigan hospitals alone employ nearly 222,000 people
Value Proposition: Economic Impact
Michigan’s Medicaid program brings hundreds of millions of dollars in federal funds to the state.
• every dollar Michigan invests in its Medicaid program generates an additional $1.95 in federal matching funds
Value Proposition: Economic Impact
Medicaid caseloads are at a record high 1.9 million Michiganians, at the same time that 1.3 million residents are without any health care coverage.
Michigan hospitals provided nearly $2.6 billion in community benefits in 2010.• More than $970 million in unreimbursed care• $609 million in bad debt• $360 million in charity care
NAME OF HOSPITAL• $XXXX in uncompensated care in YEAR
Value Proposition: Community Benefits
MHA Keystone CenterNAME OF HOSPITAL is participating in:
XXXXXXXXXXXX
XXXX is also an MHA PSO member hospital.
NAME OF HOSPITAL• $XXXX in uncompensated care in YEAR
Value Proposition: Patient Safety & Quality
Higher quality care helps lower costs:
• Michigan hospital costs were 5 percent below the national average in 2010.
• Saved more than $500 million for patients and businesses.
Value Proposition: Making Care Affordable
For more information:
HOSPITAL STAFF NAMETITLE
PHONE • EMAIL
MHA Contact: Peter Schonfeld, Senior Vice PresidentPolicy & Data Services
(517) 703-8601 • [email protected]
Read the VALUE PROPOSITION report at http://www.mha.org.
Value Proposition
