Analyze how the hospital can improve its current performance relative to individual benchmarks for each of the selected ratios.

From the definition of the ratios, explain why each of your selected ratios changed from 20X0 to 20X1. Be sure to indicate if the change noted is favorable or not and explain why.
Compare your selected ratios with the national industry benchmarks for Collingswood’s bed size using the data shown in Exhibit 4.16a on p. 185. Indicate whether or not Collingswood’s current performance on each of the selected ratios is better or worse than the corresponding industry benchmarks. Analyze how the hospital can improve its current performance relative to individual benchmarks for each of the selected ratios.

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