Client A - 12 Month
Practice Details:
Gross Production
0%
Total Increase
Year 2024
Increase from previous year (2023)
Adjustments
Net Production
0%
Total Increase
Year 2024
Increase from 2023
New Patients (2024) vs Previous Year (2023)
New patient growth is essential, however this case study proves that it's just one part of the equation.
This practice saw a total of 349 new patients, which represents a modest increase of 41 patients compared to the previous year—just a 13% growth. This demonstrates that while acquiring new patients is important for growth, it’s even more critical to implement operational systems that maximize the value of your existing patient base.
Additionally, we began to transition the practice to a fee-for-service model which significantly impacted revenue growth for the year.
Q1
Q2
Q3
Q4
New patient growth is essential, however this case study proves that it's just one part of the equation.
This practice saw a total of 349 new patients, which represents a modest increase of 41 patients compared to the previous year—just a 13% growth. This demonstrates that while acquiring new patients is important for growth, it’s even more critical to implement operational systems that maximize the value of your existing patient base.
Additionally, we began to transition the practice to a fee-for-service model which significantly impacted revenue growth for the year.
NP Revenue Generated
0%
Total Increase
2024
2023
Transition: PPO Patients to Fee for Service Model
Transitioning to a fee-for-service model can result in more control, higher revenue, reduced administrative costs, and a more personalized patient care.
While it requires time, strategy, and a period of adjustment, the long-term benefits often outweigh the initial challenges. This model is particularly beneficial for practices aiming for growth, autonomy, and improved patient care.
This case study proves that even a small percentage of fee-for-service patients in their first year makes a big difference to their top line revenue growth.
Total Adjustments
Difference from Previous Year
Program Completion Disclaimer: The successful completion of this program is subject to various factors, including but not limited to team willingness, office conditions, leadership effectiveness, and project timelines. Team Willingness: The progress and timely completion of the program depend on the active engagement and commitment of the team members involved. Variations in team availability or motivation may impact the overall schedule.
Office Conditions: The working environment, including office infrastructure and resources, plays a crucial role in the program's development. Any disruptions or limitations in office conditions could affect the project's progress.
Leadership: The effectiveness of the program's leadership is essential for guiding the team and making strategic decisions. Changes in leadership or variations in leadership effectiveness may influence the program's outcome and timeline.
Timelines: Timelines provided are estimates and may vary based on unforeseen circumstances, project complexities, and adjustments needed throughout the program life cycle. We strive to manage these factors effectively, but please be aware that external influences and internal dynamics may lead to changes in the expected completion date. We appreciate you understanding and flexibility as we work to achieve the program's objectives together.