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.
Use each question as a HEADING in your assignment. Discuss each question separately.
1. What will or are you benchmarking 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?