Understanding your organization’s performance and how it compares to other hospitals can help set practical, achievable targets for performance improvement initiatives.
However, properly identifying opportunities can be a complex process that drains time and resources—and requires substantial insight into how to properly use available databases; select appropriate peer groups; and make sensible, customized adjustments to results that reflect your institution’s unique characteristics.
Build a strong foundation for launching improvement initiatives with a labor benchmarking and opportunity assessment.