3 Financial Metrics to Drive Better Practice Performance

“You can’t manage what you don’t measure.”

This is so true in so many things we do in everyday life. But this is especially true if you are a doctor today responsible for the management of a medical practice.

Unfortunately, too many physicians go to work every day unaware of how better reporting can drive higher performance of their medical practice.

The good news is by understanding three simple indices and metrics, any physician can begin to dramatically change the financial outcome of a medical practice and realize the return on investment of their efforts and an increased valuation of what is likely their most valuable asset.

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Source:  Physician’s Practice by Gregory Cutrona, 6/29/2018 “3 Financial Metrics to Drive Better Practice Performance”