Benchmark Analysis

As physicians, you rely on evidence-based medicine every day when it comes to providing care to your patients. The same should be true when it comes to the business side of healthcare and practice management. A Benchmark Analysis allows a physician practice to compare itself to other similar practices in an evidence-based manner. InnoMed can conduct a Benchmark Analysis for your practice starting with a financial analysis using standard industry metrics. Together we can then use the analysis to establish baseline criteria for the evaluation of the practice as a whole and to provide a roadmap of areas that need additional attention.