Electronic dashboards – The latest gadget for measuring practice performance

Description

Abstract: There’s a new tool that many physicians are finding superior to traditional financial statements — the electronic dashboard. Why are dashboards important? They’re designed to make financial indicators more comprehensible to physicians. In fact, they can be effective tools for engaging all staff members in reducing overhead and increasing profits. This article describes how electronic dashboards work, how to get started employing one, and what features to include. A sidebar looks at the costs of implementing a dashboard, whether in-house or through a third party.