Financial benchmarking seeks to measure how the medical practice organizational performance and how it stacks up against competitors and where it does not. The end result should be where to focus your efforts. On page 241 of the textbook; the discussion centers around 6 useful areas.
Use each question as a HEADING in your assignment. Discuss each question separately.
1. What will or are you bench marking in your practice?
2. Why is it important?
3. What knowledge will you gain?
4. How will you use this information to improve the practice performance?
MINIMUM 500 WORDS