Medical professionals are tasked with running a leaner and more efficient practice while experiencing lower reimbursements and higher costs. Revenue reporting and analysis are more critical than ever to maintain a successful practice. A benchmark analysis is a good first step to protecting and securing a practice’s overall performance and profitability.
A thorough benchmark review will include both data analysis, observations and recommendations. Data analysis allows for meaningful measurement against industry indices and trends. Observations and recommendations provide the interpretation of the data analysis to equip the practice for better performance in the future.