Discuss how benchmarking could be used for financial decision making in your own organization (VA Medical Center).
Write a summary of the article you found (including the APA reference) and explain how it informed your understanding of benchmarking. Discuss how benchmarking could be used for financial decision making in your own organization (VA Medical Center). Also analyze the potential risks of making comparisons with an organization that is not a credible match with your own.Attached are some references to include in writing the essay.Mulva, S., & Dai, J. (2009) Health care facility benchmarking. HERD, 3(1), 28–37.Reprinted by permission of Sage Publications via the Copyright Clearance Center. This article describes a national health care facility’s benchmarking program. It is designed to compare measures of capital project performance.Agency for Healthcare Research and Quality. (2013). Measuring and benchmarking clinical performance. Retrieved from www.ahrq.govEttorchi-Tardy, A., Levif, M., & Michel, P. (2012). Benchmarking: A Method for Continuous Quality Improvement in Health. Healthcare Policy, e101-e119. Retrieved fromhttp://www.ncbi.nlm.nih.gov/pmc/articles/PMC3359088/
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