This document discusses benchmarking and value-based healthcare. It summarizes that benchmarking outcomes and costs is key to determining value, where value equals outcomes divided by costs. Benchmarking requires standardized costing models and clinical involvement to measure outcomes. Pioneers in Ireland like WNWHG and Bon Secours have led in financial transparency. Data availability is a challenge for benchmarking in Ireland currently. A cloud-based data warehouse is proposed as a viable solution to facilitate benchmarking across regions like the UK, Netherlands, and Ireland by centralizing patient, activity and costing data.