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Presenter:
Nick Hernandez, MBA, FACHE
CEO, Founder, ABISA
The old adage “you can’t manage what you can’t measure” applies more than ever to today’s medical practices.
Understanding and reviewing a few basic financial metrics can help you to gain more accurate insight into the financial health of your practice — and help you spot problems before they become too severe.
Unfortunately, one of the most common problems that many practice managers encounter in analyzing financial data is that it often seems as if extremely complicated formulas are required. Nothing could be further from the truth!
Once you develop a basic understanding of just 12 key financial metrics, you will have the tools you need to achieve accurate financial analysis of your practice and quickly spot potential financial problems.
