• Services
  • Accounting
  • Advisory
  • Financial
  • M&A
  • Talent
  • Tech
  • Advisory Services
Services
View All
Resources
Untitled design (5) (1)-Mar-08-2024-09-22-41-1011-PM
Guide
How To Avoid Being Negligent When It Comes To Risk
When you're running a business, you can't afford to be negligent when it comes to risks and planning for them. These six steps will help you get started.
Read More
Business Insights
Comparing Business Valuation Methods
Blog
Comparing Business Valuation Methods: Which is Right for You?
Valuation experts rely on three primary approaches to determine the value of a business: income approach, asset approach, and market approach.
Read More
  • Financial Services
Services
View All
Resources
Contact Us
NEWS & INSIGHTS
Website Featured Content Images
Market Commentary
Financial Market Updates

Want to receive financial market updates straight to your inbox? Sign up below!

Subscribe
  • M&A Services
Services
View All
Resources
Selling a C Corporation
Guide
Factors to Consider When Selling a C Corporation

Understand the tax issues affecting both buyers and sellers involved in C corporation merger and acquisition transactions

Read More
Business Insights
Key Items to Review During Financial Due Diligence
Blog
5 Key Items to Review During Financial Due Diligence
The due diligence phase is critical for a Buyer to better understand the Target’s business operations and the overall quality of the financial information.
Read More
  • Talent Services
Services
View All
Candidate Resources
Contact Us
News & Insights
Outsourcing HR
Blog
Benefits of Outsourcing Your Human Resources Function
HR responsibilities can quickly become overwhelming for small business owners. Alleviate the burden and save money in the long run by outsourcing your HR functions.
Read More
  • Tech Services
Services
View All
Resources
Website Featured Content Images (1)-2
Guide
Introducing Data Analytics into Your Business

Integrating data analytics into your business can help your revenue grow, the organization mitigate risk, or gain insight into your business operations.

Read More
Business Insights
Untitled design (1)-Mar-08-2024-08-50-35-9527-PM
Video
Pella Client Testimonial
I've used them for valuation work, stock transfers, hosting all of my technology, and now data analytics. I'd say they lead the pack in terms of anticipating what I'm going to need before I even know I need it.
View Now
Business Insights
BLOG
Explore Topics

Get the latest news and insights on relevant topics that matter most to you.

View All
Webinars & Events
Events
Register Today

Register for an upcoming event or access our library of on-demand recordings.

View All
Financial Market
COMMENTARY
Stay Informed

Catch up on market moves with our weekly update, featuring in-depth insights and analysis.

View All
Resources
EBOOKS & GUIDES
Download Now

Take a deep dive into challenging business topics with these free educational resources. 

View All
  • News & Insights
  • About
About

Lutz is a business solutions firm for people seeking a partner to help energize and heighten economic and organizational success.

Our Company
Our Team
Offices
Careers
Internships
Contact Us
  • Contact
Client Portal

Log in to your relevant client portal to access your account, upload documents, or make a payment.

Make a Payment
Accounting Client Portal
Financial Client Portal
Charles Schwab Login
Send Files Securely
Contact Us

KPIs for Healthcare Providers

Analytics can help healthcare organizations make more informed business decisions, improve patient care, and increase margins. However, not all healthcare providers know what they should be tracking, how to gather the data, and what Key Performance Indicators (KPIs) they should be analyzing.

Lutz distributed a survey to over 750 people in the healthcare industry to find out what metrics these organizations are tracking and what they consider to be measurements of success. We compiled the answers to show our findings:

  • 70% of respondents are currently analyzing KPIs. Most do so on a MONTHLY basis.
  • The BILLING FUNCTION is completed 80% Internally and 20% by a Third-Party Provider.

Top Key Performance Indicators

  1. 01

    Billing & Insurance

    + Days in A/R
    + Collections (Ratio, Gross/Net, Copay, Rate)
    + Charge
    + Denial Rates
    + Write-Offs
    + Aging/Days to Pay/Days Billing
    + Claims/Insurance Data (Copays)

  2. 02

    Revenue

    + Per Visit by Department
    + Appointments Per Day (Patients Per Day)
    + Production
    + Cost Per Case/Visit
    + Referral Providers
    + Ratios of Volume/Revenue/Cost

  3. 03

    Patients

    + New Patients
    + Active Patients
    + Patient Value

  4. 04

    Staff

    + Staff Utilization

Healthcare KPIs
SOLUTIONS

Lutz can help healthcare organizations collect disparate data, replace manual spreadsheet reporting, visualize information, and provide insight into your business.

+ Customized Reports & Dashboards
+ Patient Population Analysis
+ Key Performance Indicators (KPIs)
+ Quality Metric Reporting Assistance
+ Efficient Quality Care Reporting
+ Timely Product-Related Data
+ HIPPA Compliant Software
+ Flexibility To Proactively Manage Patients
+ Value-Driven Insight
accent_11@2x

Build Intuitive Reports + Track Valuable KPIs

Complete the form below to view a live Power BI demo to visualize the valuable KPIs you can begin tracking today with Lutz.
module-bg-desktop module-bg-mobile

Take charge of your organization’s growth.

Whether you’re a small practice or a large healthcare system, Lutz has the expertise and resources to help you succeed in a rapidly evolving industry.

Get Started