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Concierge Physicians - Key Performance Indicators (KPI)
April 2013

Greetings!

 

We try very hard to bring you relevant, reliable, and concise information regarding the concierge physician's "business".
 
We accomplish this (partially) through this newsletter (for those tired of managed care) and CodeToolz (for those who will not leave managed care).
 
"Nobody cares about your money like you do"
 
Concierge Physicians - Key Performance Indicators (KPI)

Key Performance Indicators (KPI) - a way to measure progress toward organizational goals. Limit them to topics that are essential to reaching your quarterly and annual goals.

Patient Indicators

The most successful concierge medical practices are the ones that communicate regularly with the majority (if not all) of their patients on a routine basis.

Staff Indicators

The majority (approx. 61%) of concierge medical practices in the U.S. currently employ 1 to 2 employees per clinic. (Source: ConciergeMedicineToday.com, 2012)

Patient Attrition

How many patients DO NOT renew their membership annually? Survey these patients to determine their reasons.

Marketing and Advertising Indicators

How long does it take to recruit or persuade 'one' new patient to become a patient in your practice?

What form of marketing is most productive when trying to attract new patients to your practice? 

A Revolutionary Model for Physicians 

Neither you nor your patients are satisfied with the traditional primary care model. For those seeking an alternative, Read More

Physician FAQs 

The Concierge Physician Network seeks out the most talented and accomplished physicians who are deeply committed to providing personalized, comprehensive care to their patients. Read More

FYI - Post Traditional to Concierge Practice Conversion

What is the 1st thing Dr.'s do after converting to a Concierge Practice?

 

18% - New Signage

17% - Added Refreshment Service Area

15% - Redecorated Entire Practice

14% - Reduced Staff

9% - Added Flat Screen TV to Lobby

9% - Added New Furniture

7% - We Moved

6% - Converted Waiting Room to Lobby

3% - Returned Unused Equipment

1% - Bought New Equipment

0% - Increased Staff

 

Source: Concierge Medicine Today, © 2013. All Rights Reserved.

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San Marcos, Texas 78666

 

(877) 464-3005 ext.731

 

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