As a physical therapist, metrics are considered to be a highly powerful and productive tool. By tracking your metrics and engaging in associated tasks, you can – literally – transform your practice.

This transformation can positively impact your level of productivity, increase your profits, and optimize the quality of care that you provide to your patients.

business analysis

Metrics are the fundamental component to your success; however, if not used appropriately, they can lead to the demise of your practice.

In this guide, you will learn a few strategies that will help you utilize metrics in such a way that they enhance the success of your physical therapy practice.

Strategy #1: Create Goals for Your Practice and Align Data Accordingly

Technological advancements have now provided physical therapists with a vast array of information. In order to avoid becoming overwhelmed by the data, you must create goals for your practice.

Once these goals are in place, you may then align it with the data that you need to achieve your unique goals.

This will allow you to prioritize that which holds a high level of relevancy for the success of your practice.

Strategy #2: Set Target Goals

Many mistakenly believe that metrics only reflect the past performance of a physical therapy practice and provide an estimate of that which occur within the future.

This is inaccurate.

Metrics reflect exactly what is happening in your practice now and a brief overview of what has occurred within the past. In order to take advantage of this information, you should set target goals for your practice and consistently review the data that the metrics are providing to you to ensure that you are meeting those goals.

Strategy #3: Set Expectations

As a practitioner, you have probably compared your practice to another practice on more than one occasion.

You should avoid doing this.

It is imperative that you consider the fact that you have unique wants, needs, resources, experience, and work ethics than other practices.

You must set expectations based on these factors – not on your perceptions of how another practice is performing.

Strategy #4: Uncover Meaning

All metrics stand for something. It is critical that you learn this information. By uncovering the meaning behind the information, you can better use the information within your practice.

Take the steps necessary to learn your metric system – inside and out. You will benefit more from the information that you receive if you know what information that you are receiving.

teamwork

Strategy #5: Share the Details

When obtaining metrics, you should have a high level of transparency with everyone that is part of your team. This will help you to encourage your team to do their best work and to understand the basis for that which you require.

By bringing everyone onboard, your “ship” will not sink. It will float – successfully – to the destination that you seek to reach for your practice.

For more information on metrics and how to make your practice a success, contact Colorado Physical Therapy Network today by calling:

303-757-7004