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)?
What is Benchmarking? • Benchmarking is a process of measuring key performance indicators and comparing with national averages and better performers
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