Summary Of Benchmarking And Pareto Analysis In Healthcare

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From Chapter 18, how are benchmarking and pareto analysis used in healthcare settings? In your discussion, talk about why they are important, and discuss at least one example of each tool's use. I would encourage you to use outside references to answer this question, if you need to do so. You may use up to two pages, double-spaced, for this response. As stated by Baker and Baker (2014), benchmarking is the continuous process of measuring products, services, and activities against the best levels of performance. It may also be defined as the method of finding which practices are best and recommending what that performance should be in the future. Benchmarking is not permanent it is ever changing, it may be considered time-sensitive and perishable. There are two types of benchmarking, internal and external. Internal benchmarking refers to the comparisons within an organization, to establish the best process inside the organization and the best processes over time. External benchmarking refers to the comparisons of processes or practices with other …show more content…

He also stated the hospitals should learn from organizations in the service industry not just limit themselves to other organizations in the healthcare industry. A healthcare organization may use benchmarking as a valuable tool to move ahead of the national average to being the best in class healthcare organization. Baker and Baker (2014) give the definition for the Pareto Analysis, also known as the 80/20 rule that 80% of an organization's problems are caused by 20% of the possible causes. This is a simple method is to prioritize potential changes by recognizing problems that could be resolved by making these changes. When using this tactic, the individual changes are prioritized for greater possibility of improving the

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