Metrics That Matter in HOSPICE CARE
Metrics That Matter in HOSPICE CARE
5 PagesFINANCIAL METRICS Metrics That Matter in HOSPICE CARE Improve Your Hospice by Monitoring These Key Metrics 2 2 Monitoring key performance metrics is critical in the delivery of high-quality hospice care. Metrics help organizational leadership keep a pulse on the effectiveness of operational processes, patient care delivery and finances, so changes can be implemented when the efficacy of certain practices falls below standards. This guidebook provides best practices for analyzing the most critical metrics in hospice care to maintain the operational, clinical and financial health of your hospice organization. 2 Financial Metrics © 2022 Axxess3 Financial Metrics 4 Gross Profit Margin When analyzing your organization’s financial health, begin with your gross profit margin.
