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Advanced IT Linked with Hospital Profitability
September 27, 2011, 1:00 pm - 2:00 pm CDT
Adam Kates, Director, and Jim LeBuhn, Senior Director and Head of Public Finance Healthcare, Fitch Ratings. Fitch Ratings conducted a review of 291 hospitals in its rated portfolio to determine whether there is a link between quality of care reporting and advanced IT systems with improved financial performance. Fitch found a positive correlation between hospitals that received quality awards and/or implemented advanced IT systems with improved utilization statistics and profitability metrics.