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Strength In Knowledge
Leveraging KPI's and Their Importance In Managing a Practice
Mar 28, 2024
Dr. Funk and Dr. Baker discuss the importance of tracking KPIs in managing a practice. They explore leveraging metrics for efficiency, workload allocation, and staff development. Process-based metrics like patient satisfaction and outcome are key for continuous improvement and growth.
41:59
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Quick takeaways
- KPIs promote accountability and set clear expectations for all parties in a company.
- Productivity metrics are crucial for determining staffing adequacy and patient care quality in healthcare.
Deep dives
Understanding the Importance of Knowledge About Numbers
Having a good grasp of numbers is crucial in the healthcare business environment, despite its sarcastic undertone. New grads and experienced individuals alike need to understand how numbers impact a business's performance. By comprehending key performance indicators (KPIs) at both individual and business levels, individuals can align efforts for collective success.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode