Decorative gradient background

Real health systems. Real data. Real opportunities.

We analyzed Medicare data from hundreds of health systems using the 3M™ Performance Matrix Platform. From just 10 health systems, we found over $1B in cost-savings opportunities.

Are operational inefficiencies draining your health system’s resources? And what impact does this have on the quality of care you deliver?

These are the kinds of questions that brought 3M Health Information Systems and Verily Life Sciences together. 3M has decades of experience in health data, and Verily has deep understanding of analytics engines. It’s a perfect match for tackling these important and costly questions.

We investigated health system performance against several key quality benchmarks, identified the preventable issues, and finally created a prospective savings opportunity analysis for every hospital in the U.S. health care system. The tool we developed for this work is the 3M™ Performance Matrix Platform—a performance management solution that can analyze health data from hundreds of health systems.


What approach did we take?

  • All data was risk-adjusted using 3M’s proprietary methodologies to assign each patient to a clinically meaningful risk category. Risk-adjusting the data provided a standardized view of the patient population, making it possible to accurately compare performance against risk-adjusted national benchmarks. Underperformance is illustrated by its financial impact on the organization.

    The methodologies used include:

What benchmark measures were evaluated?

  • Click the dots for a description of each measure
    Click the dots for a description of each measure
Length of stay (LOS)

Length of stay (LOS) is an indicator of efficiency and provides guidance for LOS reduction.

ICU

Hospital ICU days indicate a hospital’s propensity to admit patients to an ICU, as well as quality of care and cost variation.

Potentially preventable complications (PPCs)

Potentially preventable complications (PPCs) are harmful events or negative outcomes that develop after a hospital admission and may result from processes of care and treatment rather than from natural progression of the underlying illness.

Potentially preventable readmissions (PPRs)

Potentially preventable readmissions (PPRs) are acute care hospital readmissions that are potentially preventable based on clinically precise criteria.


We’ve highlighted a sample of ten health care organizations we analyzed, ranging in size from a one-hospital system in the Midwest to a nationwide IDN with more than 50 hospitals. Click on the profile that matches your organization’s size to see what prospective savings opportunities we uncovered.

Health system profile:

Single hospitals

  • Icon of small hospital

    Region: Southwest
    Type: Public system with teaching hospital
    Beds: 500+
    Annual Admissions: 20,000+

  • Icon of small hospital

    Region: Midwest
    Type: Public, non-profit
    Beds: 700+
    Annual Admissions: 20,000+


Health system profile:

2 - 10 hospitals

  • Icon of medium-sized hospital

    Region: Northeast
    Type: Non-profit IDN
    Beds: 2,000+
    Annual Admissions: 75,000+

  • Icon of medium-sized hospital

    Region: Southeast
    Type: Academic medical center
    Beds: 1,000+
    Annual Admissions: 35,000+


Health system profile:

11 - 25 hospitals

  • Icon of large hospital

    Region: Northeast
    Type: Non-profit, public health system
    Beds:  4,500+
    Annual Admissions: 150,000+

  • Icon of large hospital

    Region: Southwest
    Type: Faith-based, not-for-profit
    Beds: 3,500+
    Annual Admissions: 150,000+


Health system profile:

26 - 50 hospitals

  • Icon of large hospital

    Region: National
    Type: Private, non-profit and for-profit 
    Beds: 6,500+
    Annual Admissions:  250,000+

  • Icon of large hospital

    Region: West
    Type: Faith-based, non-profit IDN 
    Beds: 10,000+
    Annual Admissions: 500,000+


Health system profile:

50+ hospitals

  • Icon of a very large hospital

    Region: National
    Type: Publicly-traded, for-profit IDN 
    Beds:  10,000+
    Annual Admissions: 500,000+

  • Icon of a very large hospital

    Region: National
    Type: Faith-based, non-profit IDN
    Beds: 10,000+
    Annual Admissions: 500,000+


Curious about your organization’s savings opportunity?

Receive a custom report with detailed insights of what we found for your organization.

  • Thank you for your interest in a customized financial opportunity report from the 3M™ Performance Matrix Platform.

  • Please provide us with the following information so we can get to work on creating your report:

  • All fields are required unless indicated optional

  • Organization Type

  •  
  •  
  •  
  •  
  •  

  •  
  • 3M takes your privacy seriously. 3M and its authorized third parties will use the information you provided in accordance with our Privacy Policy to send you communications which may include promotions, product information and service offers. Please be aware that this information may be stored on a server located in the U.S. If you do not consent to this use of your personal information, please do not use this system.

  • Submit

Thank you for your request

Please allow up to two business days for us to qualify the request for your custom Performance Matrix Opportunity Assessment.

Our Apologies...

An error has occurred while submitting. Please try again later...

Icon of small hospital
LOS: $1,793,626
ICU: $229,940
PPRs: $487,446
PPCs: $398,557
Total opportunity: $2,909,569
Icon of small hospital
LOS: $3,407,989
ICU: $149,399
PPRs: $864,772
PPCs: $231,151
Total opportunity: $4,653,311
Icon of medium-sized hospital
LOS: $1,793,626
ICU: $229,940
PPRs: $487,446
PPCs: $398,557
Total opportunity: $45,100,584
Icon of medium-sized hospital
LOS: $27,822,270
ICU: $1,720,105
PPRs: $1,869,130
PPCs: $6,213,628
Total opportunity: $37,625,133
Icon of large hospital
LOS: $51,910,101
ICU: $529,153
PPRs: $5,528,699
PPCs: $5,096,856
Total opportunity: $63,064,809
Icon of large hospital
LOS: $72,262,463
ICU: $5,742,389
PPRs: $10,142,926
PPCs: $11,648,216
Total opportunity: $99,795,994
Icon of large hospital
LOS: $49,120,140
ICU: $3,721,590
PPRs: $24,402,319
PPCs: $1,666,687
Total opportunity: $78,910,736
Icon of large hospital
LOS: $104,183,384
ICU: $8,797,031
PPRs: $19,264,820
PPCs: $15,466,166
Total opportunity: $147,711,401
Icon of a very large hospital
LOS: $250,855,211
ICU: $20,680,246
PPRs: $44,638,548
PPCs: $29,258,850
Total opportunity: $345,432,854
Icon of a very large hospital
LOS: $315,505,264
ICU: $20,355,211
PPRs: $42,577,504
PPCs: $45,280,515
Total opportunity: $432,718,494