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Today more than ever before, medical practice management is not just about caring for your patients - it is also about running a successful business. If you lack efficiency, your quality of service will ultimately suffer. To thrive, you need to make informed decisions, but this can be a challenge. After all, as the saying goes, "You don't know what you don't know." Without a way to measure relevant financial and operational indicators, you might find yourself relying on educated guesswork. Thankfully, there is an alternative to good guessing: benchmarking - a strategic management tool that helps evaluate effectiveness and fosters goal-setting.
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