Transcription of Benchmarking and Reporting - HFMA Tennessee
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Benchmarking and Reporting - HFMA Tennessee
Benchmarking and ReportingJackie P. Boswell, MBA, FACMPES enior Medical Practice ConsultantWhat is Benchmarking ? Benchmarking is a process of measuring key performance indicators and comparing with national averages and better performers Better performers: Benchmark routinely Automate processes Why Benchmark?Better performing practices use Benchmarking to answer the question: How are we doing? Typical Physician Are we collecting what we should collect? (Why are my collections lower than his/hers???) How many employees should we have per physician (provider)? (Do we really need all these people????) Are my expenses too high?
Benchmarking and Reporting Jackie P. Boswell, MBA, FACMPE Senior Medical Practice Consultant
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