Now it's been revealed staff in the department have a
performance measure that says 80% of decisions "are to be upheld" - in other words, MRs reject 80% of claims.
Indeed, a recent PricewaterhouseCoopers survey revealed that nearly 60% of IPOs over the past three years included at least one non-GAAP
performance measure, with nearly two-thirds of such measures focusing on EBITDA or a variation thereof.
(c) Recommend, with reasons, four
performance measures that could be used to assess whether the project objectives, as set by the government of Q, are being met (eight marks).
After a content analysis, only 14 articles yielded topics related to
performance measures and measurement.
The five
performance measures are: underwriting margin; operating cash flow ratio; return on assets; return on surplus and internal capital formation.
For example, at the 80th percentile of mortality, we found that a 1% increase on the discharge instructions
performance measure was associated with .5% lower mortality at 90 days.
The survey's results revealed that multiple
performance measures, including subjective criteria, are widely used for evaluating and rewarding managerial performance.
Association between predictors and
performance measure status.
Several appendices are included with useful references, such as a sample
performance measure survey form, a sample data collection flow sheet, a table for calculating body mass index, and a guideline on how to measure waist circumference.
The authors analyze four properties of
performance measures: controllable risk, uncontrollable risk, distortion, and manipulability.
A limitation associated with the measurement of PMSs was the focus on the 'use' of the
performance measure. It is possible that the reported lack (or low level) of use could either mean the measures were not available, or were available, but not found to be useful.