Use templates to monitor financial performance
Abstract: To make effective management decisions, practice leaders must have access to up-to-date, comparative information about their finances. A variety of report templates can help them aggregate key data to accurately monitor financial performance. This article describes the following reports: monthly financial, annual, relative value unit (RVU), payer evaluation, fee schedule, and proposed service. A sidebar notes that, while templates are important, they’re not the only means of measuring financial performance.