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Powering Physician Practice Performance: Advanced Measurement and Benchmarking

Powering Physician Practice Performance: Advanced Measurement and Benchmarking


As market demands for greater quality, service and value continue to escalate, physician practices must continually reset the performance bar while navigating unprecedented economic and organizational challenges. Significant, ongoing and sustainable practice performance improvement requires a disciplined approach to managing and measuring operational, financial and clinical outcomes. With data more readily available through enterprise electronic medical records (EMRs), improved integration between front- and back-end systems, and advancements in measurement methodologies, benchmarking has become an effective enabler of data-driven practice performance improvement.

In this paper, we highlight the key success factors for effective utilization of analytics, benchmarking and measurement and illustrate how an integrated and structured approach, powered by well-defined metrics and meaningful targets, can drive physician practice performance improvement.