“Managing change will be the new constant.”
Kevin N. Fine, MHA, Director of Healthcare Advisory
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ABOUT KEVIN N. FINE, MHA
Director of Healthcare Advisory Services
Mr. Fine brings more than 20 years of experience helping hospitals and health systems, physician practices, MSOs, ACOs, and other healthcare providers to improve operational efficiency, cost containment, revenue-cycle management and technology solutions while maintaining the highest levels of patient care. He was previously director of healthcare advisory services with one of South Florida’s largest accounting firms. Before that, he was the director of healthcare deals for of one of the nation’s Big Four CPA firms.
Fine holds a master’s degree in Health Administration from St. Thomas University in Miami and a bachelor’s degree from the University of South Florida in Tampa. Fla.
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Seeing more patients won’t always translate to more profit. In addition to total patient volume, there are other productivity-related KPIs you should monitor and manage to improve performance at your firm.
|o Charges by provider (year-over-year % change)|
|o Receipts by provider (year-over-year % change)|
|o Ratio of claims collected to fees incurred|
|o Total procedures (year-over-year % change)|
|o Number of procedures per provider and location (year-over-year % change)|
|o ROI per piece of equipment|
|Trends in provider charges|
|Trends in provider receipts|
|Percentage of physician time that is actually billed and collected|
|Trends in procedures|
|Trends in procedures by provider and location|
|Return on investment from medical equipment purchases|
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