What type of performance measurement focuses on numerical data such as claims denial rates and operating expenses?

The correct answer is Key Indicators. Key Indicators are specific metrics used to measure performance in a quantifiable way. They often encompass numerical data that are integral to understanding various aspects of operational efficiency and effectiveness within healthcare organizations.

In this context, claims denial rates and operating expenses are examples of data points that provide insight into the financial and operational health of the organization. These indicators help healthcare administrators evaluate performance, identify areas for improvement, and make informed decisions based on quantitative analysis.

Utilizing Key Indicators allows organizations to track their performance over time and against benchmarks, facilitating a more data-driven approach to management and strategy. Therefore, focusing on numerical data within the realm of performance measurement is fundamental to the strategic planning and operational management in healthcare settings.

Performance metrics could refer to a broader category that includes qualitative as well as quantitative measures. Quality measures specifically focus on patient outcomes and care quality rather than operational metrics. Standard operating procedures are guidelines for how tasks are carried out but do not measure performance in a numerical sense.