Balanced Scorecard Paper

281 Words2 Pages
In this discussion, the researcher believes the Balanced Scorecard method is a 20th century innovation that can be used to improve hospital performance, strategic planning and implementation initiatives. With healthcare being one of the most complex industries. The transformation of healthcare technology, clinical services and administration is continuously changing significantly. Clinical systems that are used for patient medical records, physician documentation and individual clinical groups are required to pay more for treatment. Regulatory compliance monitors and enforces legal policies, procedures, privacy and security matters. Balanced Scorecard is a general methodology that is being used to improve performance within strategic
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