(Key Performance Indicators (KPI
(?What are Key Performance Indicators (KPIs
Key Performance Indicators (KPIs) are defined as measures or metrics that have been chosen, by an organization’s leadership team, as representative of the most important outcomes to be achieved
KPIs are developed to measure the results of organizational policies, practices and procedures
KPIs represent key driver and critical success factors to the organization
The organization needs to monitor the results of these performance metrics to determine the quality of its financial operations
?How Do Best Practice Hospitals Use KPIs in Their Operations
Best Practice Hospitals
Utilize a set of numbers (metrics) representing key success factors-
Set goals through objectively derived benchmarks-
Monitor the goals in a value‐added manner-
Daily*
Weekly*
Biweekly*
Monthly*
Quarterly*
Annually*
Take appropriate management actions as a result of the achievement or lack thereof
Conclusion
Key performance indicators (KPIs) represent key driver and critical success factors to the organization
The KPIs are developed in order to measure the results of organizational policies, practices and procedures
Performance indicators can provide significant value to any organization that utilizes them, particularly to
Set the goals-
Present the results in a clear manner to enhance decision making-
Healthcare organization’s needs to ensure that they use KPIs to maximize their outcomes into the future
Dr.Amira A. Barhamin
Researcher
March 2015
Al-Noor Specialist Hospital
QRC