Healthcare Benchmarking

Healthcare  Benchmarking

Find an organization and prepare measures, comments, and report on the bench-marking purposes of the organization in the provided case study. Then locate a Wall Street Journal and find the “Stock Tables” section. Find the stock exchanges and symbols and abbreviations for various health care organizations listed.

 

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Benchmark measures refer to a collection of standards that are applicable in establishing the objectives that facilitate performance improvements in a particular function, region, process, product or service (Aaker, 2014). According to management theory and practice, efficient management measures result in effective management. The use of a control measure determines its effectiveness. Bench marking is critical in ensuring continuous business success. Bench marking guarantees quality assurance and process improvement…………………….