AtlasKPI 2.0
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Horizontal & Vertical Analysis of Financial Statements Simply Explained
Balance Sheets, Profit and Loss Reports, General Ledger, AP/AR’s – there are many names for a company’s financial statements. Regardless of what you call them, it’s the analysis of this data that [...]
AtlasKPI Customizable, Automatic Alerts
We’ve compiled an always-growing list of alerts that doctors and staff have requested. Now, medical professionals can focus on patients, knowing their data will be sent to them daily, weekly or monthly. [...]
Conversion Rates – Once and for all!
There’s nothing magical about a conversion rate. Simply put, it's the percentage of patients (or prospective patients) that take an action out of the total pool. When speaking with business owners, many [...]
The problems associated with using spreadsheets in your practice
Atlas Insight: Excel was developed over 30 years ago and still functions as the core system for reporting in many organizations. Over the years, alternative solutions have made attempts to replace spreadsheets, but [...]
Podcast: KPIs, the difference between success and failure!
Randy Torban and Izhak Musli of AtlasKPI were recently interviewed by Nick Dumitru, President of Think Basis Inc., on his Practice Perfect Podcast. Nick, who has been consulting for medical practices for [...]
Financial Forecasting – Use your historical data as a guide
When speaking about making data-driven decisions, we often discuss forecasting and predictability. This process should not involve throwing a dart, and guessing what your next quarter will look like. A doctor and [...]
Referrals: The best source of new business ever!
New patients arise from a variety of different sources. Facebook, Google, RealSelf, Yelp, billboards, and magazines can all supply fresh leads to a medical practice pipeline. However, “word of mouth” referrals often [...]
Reviewing your financials (i.e. your P&L Report) once a month is not enough!
While I’ve never been a small business owner, I’ve consulted for over 2,000 of them – helping owners and managers balance their profit & loss report, manage their inventory, and supervise their [...]
Why can’t my current EMR provide me with a mobile app?
When I meet with either the doctor or office manager at a practice, I begin our conversation by understanding the practice’s current software systems and how these systems come up short. From [...]