Ability to exceed the average for the industry is the
differentiation advantage for the Methodist LeBonheur Healthcare in the
mid-south region.
Competitive advantage enables Methodist LeBonheur Healthcare
to create superior value for its customer. MLHC (Methodist LeBonheur Healthcare)
operates as the only stand-alone children's hospital in western Tennessee with
the nearest competition in Nashville, TN and Little Rock, AR, and holds
regional referral status in the state, providing contracting leverage with the
payers. Children's hospital volume shows continuous growth and the overall $1.58
billion multi-facility (currently 7 hospitals) system largely in greater
metro-Memphis and a single facility in the neighboring Mississippi area, leading
with 41% market share (2013 data) in the primary service area, providing
certain unique services like transplants, pediatric emergency and intensive care
unit (e.g. transplants, pediatric intensive care unit); In addition, US news
has recognized MLHC as the top regional hospital in cardiology and heart surgery,
neonatology, neurology and neurosurgery, orthopedics, pulmonology and urology
shows the leadership and speaks volume about the quality of care and acceptance
by the local community. Rightly, Moody's Investors Service has confirmed the A2
and A2/VMIG1 ratings to MLHC. MLHC
(Methodist LeBonheur Healthcare) a not for profit organization’s partnership
with University of Tennessee Health Science Center has enabled focus on
research and continuous quality improvement further enhancing the advantage.
Disclaimer: Opinions
expressed are solely personal and do not express the views or opinions of any
other person or entity.
Sources:
Picture credit: http://communitywealth.com/competitive-advantage-matters-for-nonprofits/
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