MEDICAL PRACTICE DASHBOARD

Use This Tool to See How Your Medical Practice Compares to National Benchmarks*

Understanding your medical practice's key performance metrics, and how they compare to your best-performing peers, is important.

Use this “Practice Health Dashboard” tool to find where your firm falls among the top, middle, and bottom tiers of medical practices in the United States by performance metric.

Enter your medical practice’s actual data manually to see where your practice falls in one sample calculation of our larger, more robust dashboard. You will get an instant comparison of how your practice compares to the Top Range (top performing 37.5% of medical practices in the U.S.), Middle Range (middle performing 25% of medical practices in the U.S.) and Bottom Range (worst performing 37.5% of medical practices in the U.S.).

*SOURCE: CIG Capital Advisors proprietary benchmark data, 2020

PRIVACY POLICY: Practice data provided in CIG Practice Health Dashboard Calculator is not shared with, saved or used by CIG Capital Advisors.

This is just one calculation among many available in the CIG proprietary Medical Dashboard benchmarking tool.

For a complete Medical Dashboard custom to your practice, please enter your information below:

Net Income
Your company's total earnings/profits; Revenue after deductions (cost of doing business, depreciation, interest, taxes, and other expenses).
Physician Expenses
The total compensation and benefits allocated towards physicians.
Total Revenue
The amount of money that a company actually receives in one year, before deductions (cost of doing business, depreciation, interest taxes, and other expenses).
Operating Expenses
The amount of money your business uses to engage in any activities that are not directly associated with the production of goods or services (does not include provider expenses).
Staffing Expenses
The expenses for all the employed workers within your business; The amount of money you spend on employees, including the sum of the employee's payrolls with their benefits and taxes (does not include provider expenses).
Medical Supplies Expenses
The expenses for all medical supplies including drugs and equipment; The amount of money a company spends on all their medical supplies (does not include the owner's expenses).
Accounts Receivable (A/R) <30 days old
Total money owed to your practice for services rendered and billed.
Accounts Receivable (A/R) 31-60 days old
Accounts Receivable (A/R) 61-90 days old
Accounts Receivable (A/R) 91-120 days old
Accounts Receivable (A/R) 120+ days old
Charges
Gross value of services billed out.
Work Relative Value Units (RVUs)
A unit of measure quantifying the time, skill and training required for a physician/provider to complete a given service as defined under the Resource-based Relative Value Scale (RBRVS).
Name
First Last
Phone
Email
Medical Practice Name
Address
Street Address Address Line 2 City State / Province / Region ZIP / Postal Code Country
Consent*
Form submission data is transmitted by CIG Capital Advisors’ secure web server to a CIG Capital Advisors Business Advisory Services professional for the exclusive purpose of completing a custom Medical Practice Health Dashboard. By selecting the check box below, you agree to allow CIG Capital Advisors to use this data as inputs and return to you a custom Medical Practice Health Dashboard at the email address provided. CIG Capital Advisors may contact you about this data but will not share or disclose this data with any third party.
Yes, I agree.

MEDICAL PRACTICE DASHBOARD

Use This Tool to See How Your Medical Practice Compares to National Benchmarks*

Understanding your medical practice's key performance metrics, and how they compare to your best-performing peers, is important.

This is just one calculation among many available in the CIG proprietary Medical Dashboard benchmarking tool.

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