CareCloud, a provider of cloud-based software and services for medical groups, has announced the results of its annual Practice Profitability Index (PPI), one of the largest national efforts to study the operational health and profitability outlooks of U.S. medical practices. Leading the findings in the 2015 study is a mild upswing in projections for profitability among the more than 5,000 physicians surveyed. The PPI was conceived as part of a partnership between CareCloud and QuantiaMD, an
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Physician Practice Profitability
5 Must-Track Metrics for Physician Practice Profitability
The late, legendary management expert Peter Drucker once famously said, “If you can’t measure it, you can’t manage it.” In today’s challenging and rapidly evolving healthcare landscape, measurement is more important than ever. However, it can be easy to fall prey to “data for the sake of data” and lose the most meaningful metrics in a sea of statistics. When it comes to revenue cycle management— all of the activities that happen before, during and after a patient’s visit that affect a
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