Financial benchmarking


Class: Financial benchmarking desires to measure how the medical practice organizational performance and how it stacks up against competitors and where it does not. The last result should be where to focus your efforts. On page 241 of the textbook; the discussion centers around 6 useful areas. Use every question as a HEADING in your assignment. Discuss evey question separately.
 
What will you do or are you benchmarking in your practice?
 
Why is it important?
 
What knowledge will you gain?
 
How will you use this information to improve the practice performance

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