A recently published cost of living index report indicates that Wilmington has the highest health care cost index in our region.
While I am confident the report sponsors - The Council for Community and Economic Research - do a lot of good in helping communities improve their overall economies via data-driven findings, I have to take issue with this current study.
Wilmington Health has recently been communicating the tremendous gains in our area toward reducing costs, increasing quality and improving the patient experience that are all in direct conflict with the data provided here. So, I’d like to take this opportunity to assist all of us in understanding what this data means, where it comes from and how we at Wilmington Health are meeting all the challenges in health care head-on.
First, if we are going to make real change happen in the health care industry, it is important we have good data on which we can make informed decisions.
There were five cost data points used to determine the health care index:
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