Healthcare KPI: Practice Productivity

Definition

Use case

This dashboard provides an example of how easily healthcare data can be consumed using Power BI or similar tools after it has been made “report-ready”.

Productivity is a fundamental measurement for any business, including healthcare. Dashboards like these can be used to show growth, provider performance, area trends, and stability. Nearly all entities in a healthcare practice can use productivity reports to gauge performance against goals.

Considerations

Which practice is growing? Which region? – View the trends by year, area, or specific practice.

Which payers generate the most revenue? – See which insurance companies make up most of the business. How long does it take for each insurance company to make a payment? Which ones are not profitable?

Which providers are producing?  – Providers are the sales force of your business. Learn which providers are bringing in the most clients and for which segment of your practice.