Benchmarking Success: The Essential Guide for Medical Practice Managers

Using benchmarking to interpret and communicate medical practice data can take a practice to a whole new level, but how does a practice properly measure and assess to improve its performance? Proper Benchmarking techniques can lead to increased profitability and productivity in a practice, but what are the performance metrics to track and how should they be used? The fully updated Benchmarking Success: The Essential Guide for Practice Managers 2nd edition is packed with tools and performance indicators that demonstrate practice-specific factors to determine the right benchmarks and improvement activities. This book will help you to: Recognize the overall purpose, need, and intended reasons for benchmarking. Identify and avoid the common mistakes and potential errors when interpreting measurements and benchmarks. Determine the best method of describing and presenting data to physicians and other stakeholders for making management decisions. Examine techniques for measuring practice operations at the patient, provider, and staffing levels. Analyze the metrics needed to build a better performing practice.