Key performance indicators (KPIs) determine every decision in a healthcare practice from staffing to services offered to hours of operation.
Everything about practice revenue performance comes down to a series of metrics that determine practice success or failure. These metrics are much like a safety net for tightrope walkers at a circus: You make business decisions to keep you steady on the wire, but you must rely on revenue metrics like a safety net to keep you from business demise.
If your findings are trustworthy, you can relax and rely on the numbers to keep you safe. With the right metrics at your side, you’ll catch and fix issues promptly to increase revenue.
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