COVID has brought about changes in our lives and with it, uncertainty, financial
pressures and necessities to make adjustments. Medical practices have not been
immune from these conditions. The pandemic continues to impact physicians in
decreased revenue and increased costs.
According to research by the Medical Group Management Association, only 60 percent of medical practices report hitting their revenue goals in 2021.
THE FOUR PILLARS OF A HEALTHY PRACTICE
This guide will look at the four
fundamental pillars for building a healthy practice that are all interconnected.
4
PILLARS
PATIENT SATISFACTION
QUALITY PATIENT CARE
EFFICIENT USE OF TIME AND RESOURCES
FINANCIAL HEALTH
With each pillar, areas of operation are reviewed and findings are used to find ways to improve your processes, manage your most valuable resources, and attain your practice’s goals.
See which KPIs are the most
critical for your practice to improve performance and reduce costs. Download Top 10 KPIs
to Maintain a Healthy Practice.