How would a healthcare organization choose elements to measure and measurement tools when seeking to improve the quality of care? *Hint: Think about structural, process, and outcome measures

Explain why cost management and cost allocation is important information for a healthcare manager?

What are some key indicators used in health care to determine quality? Which indicator do you believe is most valuable? Why?

Identify 25 key benchmarks for hospitals within the U.S. healthcare system.  Align the benchmarks into one of the three broad categories – quality, operations, and financial.  If you feel the benchmark doesn’t align with these three categories, please fill in which category you would place it in.  You must have at least 5 benchmarks in each broad category.  Then identify the industry standard, whether the mean or median (each metric is different), and record them in a table format similar to the template provided in Table 1 (see Appendix).  This is an example of identifying industry best practices and aligning healthcare facilities with evidence-based outcomes.  Make sure you identify a true benchmark and not just an operating statistic.  Example, the total number of beds or outpatient visits is not a benchmark.  A better example of a benchmark would be “cost per bed”, or “revenue per outpatient visit.”  You may not be able to find a metric for some benchmarks, but if you combine…