As you have learned, benchmarking is useful not only for ascertaining a health care organization’s overall financial “health” but also for decision-making around introducing new services or products. Let’s explore this further together. As you discuss each question, in addition to applying your reading which is of course required, please be sure to bring in real-world experiences that you may have had benchmarking in one way or another. The best learning can be from others’ successes and even failures. Remember that an active discussion is the key to an interesting and engaging online course, so start early!
Please note that the first question is opinion based, so use your knowledge learned so far in the course and your experiences. As you progress, you will need to meaningfully apply the readings, using APA 6 formatting for any citations.
Please discuss the following questions over the course of this week.