Productivity is measured by comparing the amount of goods and services produced with the inputs which were used in production. Labor productivity is the ratio of the output of goods and services to the labor hours devoted to the production of that output.May 27, 2021
Why is productivity measure important in healthcare?
Looking at healthcare delivery in terms of productivity provides three important advantages. ... Second, it makes it possible to identify specific opportunities that are likely to better control healthcare spending growth without harming—and in some cases improving—both patient outcomes and the overall economy.Feb 27, 2019