Which of the following best describes the term 'privileging' in healthcare?

The term 'privileging' in healthcare specifically refers to the process of granting specific patient care rights to a provider. This involves assessing the qualifications, competence, and experience of healthcare providers, allowing them to perform certain medical procedures or provide specific types of care based on demonstrated capabilities. Privileging ensures that the providers have met the necessary standards and regulatory requirements to deliver safe and effective patient care.

In contrast, other options focus on different aspects of healthcare management. For instance, reviewing patient satisfaction scores is an important part of quality assurance but does not involve the specific authority to provide care. Setting financial targets pertains to the financial management of healthcare organizations, which is separate from the clinical privileges given to providers. Recruiting new healthcare staff addresses hiring practices and workforce management, which again does not relate to the clinical privileges granted to individual providers. Thus, the only correct description that matches the meaning of 'privileging' is related to granting specific patient care rights.