Question

Describe the use of BSC in healthcare

Answer 1

Balanced scorecard (BSC) is an effective planning tool that gives an overall view about how well an organisation is functioning.

Use of BSC:-

It gives detailed view to the management ragarding whether the organisation is functioning well to meet its vision and mission.

It helps to manage and plan the health care business.

It always include a set of well defined key performance indicators that will provide an overall summary of healthcare activities performed in an organisation.

Organization use this to communicate their strategic planning

It is used to summarise the day to day activities done by the employee.

It helps to list out the results of healthcare services delivered to the public.

Like this BSC plays an important role in the management of healthcare organisations.