Stacked Logo color icon

 

Press Release

Dynamic Benchmarking Helps Gain Key Financial & Operational Metrics

May 18, 2017 9:00:00 AM

Newly launched interactive benchmarking study provides the first-of-its-kind look at nutrition and foodservice industry practices in skilled nursing facilities.

 

WINDHAM, NH (PRWeb) - May 18, 2017 - Dynamic Benchmarking, a provider of customized online benchmarking and reporting solutions, is pleased to announce the launch of the first-of-its-kind finance and operations study for the Association of Nutrition & Foodservice Professionals (ANFP). This benchmarking study will provide peer-to-peer comparisons of key financial and operational metrics for its skilled nursing facilities members.

ANFP is the nation’s leading organization of professionals involved in the management of nutrition and foodservice. At its highest level, ANFP strives to ensure that dining experiences in settings such as hospitals, long-term care centers and senior living facilities are nutritionally sound, safe, healthy and fulfilling. For some time, the association has received requests from its members for a benchmarking survey that could help them understand how their operations compared to similar organizations, as well as provide an insider’s perspective into some of the best practices in the industry.

“It can be very hard for our members to know what other facilities are doing, especially from a budget perspective,” says LeAnn Barlow, Vice President, Strategic Initiatives & Analytics. “Even when they have access to data from trusted sources, many times that information isn’t presented in a way that’s meaningful to their organization.”

With that in mind, ANFP convened an advisory group in October 2016 to begin work on a study targeted to its skilled nursing facilities members. Working closely with Dynamic Benchmarking, questions were formulated, tested and the Skilled Nursing Facility Benchmark Program opened for data collection in March 2017. The final survey included questions on facility demographics, personnel information, key financial statistics, foodservice operations, nutrition information, and food safety and sanitation practices. Additionally, Dynamic Benchmarking worked with ANFP to import data from the Center for Medicare and Medicaid on the most common citations for food operations to supplement the information being provided by their members.

“We were very pleased and impressed with how quickly we were able to make this study a reality,” adds Barlow. “The Dynamic Benchmarking team was a pleasure with which to work. They were on time and on budget and the team had an impressive understanding of statistics and benchmarking across multiple industries. They’re without a doubt much more than a tech solution.”

ABOUT THE ASSOCIATION OF NUTRITION & FOODSERVICE PROFESSIONALS 

The Association of Nutrition & Foodservice Professionals (ANFP) is a national not-for-profit association established in 1960 that today has over 14,000 professionals dedicated to the practice of providing optimum nutritional care through foodservice management. The association provides foodservice reference, publications and resources, employment services for members, continuing education, professional development and certification programs. ANFP monitors industry trends and legislative issues and publishes one of the industry's most respected magazines. For more information, please visit www.anfponline.org.
     
ABOUT DYNAMIC BENCHMARKING 

Dynamic Benchmarking is a New Hampshire-based startup that delivers real-time benchmarking and data analysis solutions with the features and capabilities of custom software in a format that is easy to use and quick to deploy. Founded by a team of women entrepreneurs, Dynamic Benchmarking combines powerful, web-based technology with unparalleled industry expertise and customer care to provide best-in-class, peer-to-peer data comparison for small businesses, associations, large enterprises and any organization looking to tap into the knowledge of the crowd. Dynamic Benchmarking builds web-based solutions that are flexible, scalable and allow for meaningful comparison of financial and operational performance in a dynamic and interactive manner. For more information, please visit www.dynamicbenchmarking.com.