
Methods and data are both likely to be sources of challenges for healthcare leaders engaging in networking. Competitive benchmarking involves measuring against the competition, where collaborative benchmarking involves sharing knowledge about a specific activity with the goal of improving the performance of hospitals as a whole. Hospitals use these standards to evaluate their work relative to competitors, industry leaders and national organizations. What is Benchmarking?īenchmarking involves using standards of excellence to determine performance.



As you work toward your Executive Master of Healthcare Administration online, it’s important that you understand the role benchmarking may play in your future career. Today, healthcare leaders are faced with an important, but often difficult, task: improving the quality of care while remaining competitive in the marketplace and staying within ever-tighter budgets.
