BENCHMARKING

EBI implements best practices at best cost.
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EBI Implements Best Practices at Best Cost

Benchmarking is widely considered to be a process of seeking out and implementing best practices at the best cost. It is a recent concept in the healthcare system. The basic principle of benchmarking consists of identifying a point of comparison called the benchmark, against which everything else can be compared.

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The Four Types of Benchmarking in Healthcare

  • Internal Benchmarking

  • Competitive Benchmarking

  • Functional Benchmarking

  • Generic Benchmarking