Volunteer - Marion General Hospital

A+ for
Effort
MGH is
accredited
for financial
stability and
patient care
By Randy Deffenbaugh
Nothing puts a smile on the face of a child
like an A+. It’s a hard grade to earn.
It takes commitment, dedication and
hard work.
Similarly, it’s hard to earn an A+ bond rating from
Standard & Poor’s, the leading provider of financial
market intelligence and
the world’s foremost source
of credit ratings. But Marion
General Hospital has earned
the A+ rating for a second
consecutive year—and that
has the employees and staff
at Marion General Hospital
grinning from ear to ear.
Standard & Poor’s rating reflects MGH’s stable
outlook on its Series 2002 bonds and its capacity to
meet its financial commitments on a timely basis.
“Our bond rating indicates that our hospital
is strong financially and positioned very well for
the future,” says Paul L. Usher, MGH’s president
and CEO. “It also stresses the importance of continuing
our vision and continuing to make critical
decisions that have enabled us to maintain our A+
bond rating.”
The rating is a significant accomplishment for
MGH because few stand-alone, nonprofit healthcare
organizations receive an A+ bond rating.
Another Reason to Smile
MGH received recognition from the Healthcare
Facilities Accreditation Program (HFAP), an independent
accreditation authority, after HFAP conducted
an extensive and objective review of the
hospital’s quality and safety standards.
HFAP accreditation is recognized by the federal
government, state governments, managed care organizations
and insurance companies. It has been accrediting
healthcare facilities for more than 60 years.
“We’re proud to achieve this prestigious distinction,”
Usher says. “By awarding us accreditation,
HFAP has recognized our commitment to
patient safety and providing outstanding care to our
Healthcare Community.”
Dedicated to maintaining the highest standards
of patient care, HFAP is one of only three national
voluntary accreditation programs authorized by the
Centers for Medicare & Medicaid Services to survey
all hospitals and other medical facilities for compliance
with the Medicare conditions of participation.
Affirmed and accredited—the accolades continue
for Marion General Hospital. The commitment, dedication
and hard work are worth it. A childlike smile
is a simple pleasure every adult should enjoy.
Vim & Vigor • Fall 2010 49