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IPSI ihf 7 9/30/05 12:38 Page 28<br />

MANAGEMENT: COMMERCIAL FEATURE<br />

The IPSI Index is the main performance indicator giving<br />

the weighted score for hospital performance. The entire<br />

model, including the cause – effect relationships between<br />

the aspects (impacts) are estimated using Structural<br />

Equation Methods <strong>and</strong> analysed simultaneously. This gives<br />

information about the levels of performance as well as about<br />

possible improvement strategies. All results may be<br />

compared with other hospitals <strong>and</strong> also with benchmark<br />

figures in other sectors.<br />

Results presentations for hospitals<br />

For each of the aspects both levels on the index (between 0<br />

–100) <strong>and</strong> impact (that is the strength of the causal<br />

relationship from a driver to another or to the effects) are<br />

given. The comprehensive results are presented in priority<br />

matrix format sorted in the four sectors (low – high priority;<br />

maintain – improve).<br />

For each result both the scores for the present<br />

measurement/study <strong>and</strong> any time-series are given.<br />

Similarly benchmarks for comparable hospitals/clinics are<br />

also given in the form of averages. The value of the<br />

approach will increase successively as more <strong>and</strong> more time<br />

series comparisons, <strong>and</strong> analyses of effects from<br />

improvements, may be added. Also comparisons with<br />

other industries <strong>and</strong> sectors of the economy will be<br />

available for participating hospitals.<br />

A pilot study underway<br />

A pilot study in four countries – UK, France, Germany <strong>and</strong><br />

Sweden – is now underway. This aims at calibrating the<br />

measurement <strong>and</strong> analysis system, including the data<br />

collection schemes. At the same time, substantive results<br />

constituting a baseline <strong>and</strong> benchmark for future work will<br />

be obtained. The results will be available in early fall. This<br />

pilot is financially supported by Pfizer.<br />

All hospitals welcome to join<br />

IPSI will be available to conduct hospital-specific studies on<br />

an ongoing basis from Autumn 2005. Any hospital, both in<br />

Europe <strong>and</strong> overseas, is welcome to contact IPSI to discuss<br />

joining the initiative. As it is based on the framework of<br />

syndicated research cost-efficiency <strong>and</strong> value for money for<br />

client hospitals is guaranteed. ❑<br />

Dr. Jan Eklöf<br />

IPSI Secretariat<br />

E-mail: jan.eklof@epsi-rating.com<br />

28 | <strong>World</strong> <strong><strong>Hospital</strong>s</strong> <strong>and</strong> <strong>Health</strong> <strong>Services</strong> | Vol. 41 No. 3

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