World Hospitals and Health Services - International Hospital ...
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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