New Hospital Scorecard Combines Metrics From 5 Performance Categories

Objective Health has launched a new performance management system that provides a comprehensive assessment of a hospital's performance, letting hospital management track and compare key metrics to identify areas of improvement.

The tool, called Objective Scorecard, collects metrics on a hospital's strategy and finance; purchasing and clinical utilization; workforce; operations; and clinical quality and patient experience. The scorecard then uses advanced analytics to find key drivers of performance in a simple and visual interface.

"This hospital performance tool suite really is a game changer for C-suite executives," Russ Richmond, MD, CEO of Objective Health, said in the news release. "Senior hospital executives frequently wonder if they have the right information and data to make fundamental decisions about their organizations. Objective Scorecard arms them with a single source of truth about what is really happening in their hospitals."

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