Hospital leaders across the nation use benchmarking to determine the areas of their business that need improvement. The continuous process of benchmarking allows hospital executives to see how their organizations stack up against local and regional competitors as well as national leaders. (Ellison, 2019)

Prepare a benchmark analysis for your staff by responding to the following:

1. Discuss the benchmarks used in financial analysis
2. Explain the benefits of financial benchmarking.
3. Evaluate the impact of balancing benefits to reduce harms and costs through screening and prevention services.
4. Identify the benefits of patient screening

Cite at least 5 sources in APA format.

Answer rating: 100% (QA)

1 Benchmarks in Financial Analysis Financial benchmarks in healthcare might include metrics such as ... View the full answer