Here are the eight metrics to monitor:
1. Patient visits.
2. Monthly charges/sales.
3. Monthly inflow.
4. Average charge per visit and pay per visit.
5. Adjustment per visit.
6. Patient balance.
7. Accounts receivable.
8. Days sales outstanding.
More Articles on Practice Management:
3 Points on Understanding Patient Loyalty
10 Ways to Solve Differences During Clinical & Administrative Meetings
Will There Be More Scrutiny on Physicians With Large Medicare Payments?
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
