The three numbers to read every Monday morning
Most owners look at collections and call it a day. Here are the three figures that actually predict next quarter — and how to pull them in ten minutes.
If you only look at one report, look at the wrong one. Collections tell you what already happened. They don't tell you whether the practice is getting healthier or quietly leaking margin.
1. Adjusted production per provider day
This is the engine. It strips out the noise of how many days anyone worked and shows you what each provider actually produces when they're in the chair. Track it weekly and a soft month shows up here before it shows up in the bank.
2. Overhead as a percentage of collections
Every point of overhead you don't need is a point of profit you'll never see. Benchmark yourself against where a healthy practice your size should sit — then go find the gap. It's almost always in the same three line items.
A number you read once a quarter is trivia. A number you read every Monday is a system.
3. New patients, net of attrition
Gross new patients flatter you. The number that matters is new patients minus the ones quietly walking out the back door. If that figure is flat, your growth is an illusion funded by churn.
None of this requires new software. It requires a standing 15-minute appointment with yourself, every Monday, before the first patient sits down.
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