The Challenge of Benchmarking Provider Performance
It is critical for health care organizations to find novel ways to engage providers to help improve quality, reduce the cost of care, and track progress. Finding data that helps benchmark provider performance in these areas is not difficult, however, the models used in most rating systems today are opaque and have not garnered much adoption from the industry. You can spend a lot of time and money on crunching data using proprietary models and end up with metrics that you cannot trust, nor verify. The challenge is the absence of a single, reliable, and transparent way to measure provider performance that can be used as an industry standard for making critical decisions.