Benchmarking is an important part of the operations of the healthcare organizati


Benchmarking is an important part of the operations of the healthcare organization. There are four types of benchmarks that are used in the healthcare environment: internal benchmarking, competitive benchmarking, functional benchmarking, and generic benchmarking. With internal benchmarking, this often takes place between entities that exist in the organization. Competitive benchmarking is where an organization looks at how the organization compares with competitors in the market or even nationally. Choose one internal benchmark and one competitive benchmark that is used in the healthcare environment. Discuss the importance of the internal and competitive benchmark.
Why is the benchmark important to the organization?
How can the benchmark be used to improve the current organizational operations?
What strategies would you implement to improve the internal and competitive benchmark?
What role do benchmarks play in meeting operational goals?


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