MEDICAL GROUP PRACTICE

3 Steps“ TO BE AS SUCCESSFUL AS “

3 Steps

Following Successful Peers

KPI Tracking

Taking Action

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FOLLOWING SUCCESSFUL PEERS

Achieving financial goals by following Tried & Tested methodsof successful group practices…

All service areas showed growth in patient volumes by 3.6% over the prior year

- University of Virginia Medical Group

TRACKING THE KEY PERFORMANCE INDICATORS

While many group practices where overworking themselves to stay a float, University of Virginia where following success…

Tracking KPIs

Measuring patterns and trends that forecasted success

Monitoring opportunities, challenges and performance boosts

Comparing previous performance

Key Performance Indicators

Indicators that show the greatest effect on your group’s performance

According to your unique challenges, goals and opportunities

Incorporate historical data for comparison

Collection Reports

Charges Patient Appointments & No-Shows

TAKING ACTION

By not allowing these KPIs to be yet another report/email that sits in your inbox

Uncover areas of underperformance; take steps to turn them around

HOW YOU CAN LEVERAGE THE KPIS

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