Friday, February 6, 2015

An obvious competitive advantage


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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