Minneapolis Medical Practice KPI Dashboards To make smart decisions, your leaders need the right information - and fast. Do you have clear and reliable reports that show how your practice is doing compared to last year, your goals, your competition and your industry peers? Medical practice KPI dashboards can help you lead discussions in management meetings, help you summarize and follow important metrics in your revenue cycle, and get unprofitable or inefficient operations out of your way.
Lead, Follow or Get Out of the Way!
When used correctly, medical practice KPI dashboards can help you lead discussions in management meetings, help you summarize and follow important metrics in your revenue cycle, and get unprofitable or inefficient operations out of your way. Key Performance Indicator (KPIs) Reports are used by administrators, executives and physicians to evaluate performance in specific areas. Measuring performance, making comparisons and acting on opportunities are all vital to the success of your medical practice.
Additionally, accounts receivable is an important metric. Take special consideration of the percentage of accounts receivable that is over 90 days. Knowing your payer mix and identifying any shifts are also keys to anticipating future cash flow. Comparing charges, receipts and contractual adjustments to previous months and years helps identify any seasonality that may occur in the practice.
Where do you begin? That’s where we come in.
The DS+B healthcare team has the experience and expertise in designing KPI Dashboards that make complex data about your practice readily accessible. We guide you through all phases of design, linking your software, testing and usage training so your KPI reports are fast, accurate and easy to understand.
Create powerful new conversations for better strategic planning and financial management.
Let’s start a conversation, today. > Contact Us.