#55 Do you know these numbers? PayMix and Cost per Patient

Cost per patient and payer mix are among the top numbers you need to track when we talk about knowing your numbers. It can make the difference between a practice that is financially solvent and one that is struggling.

When I asked a group of NPs, they did not know the answer.

It does not matter what kind of practice you have, you must understand your expenses - including what it cost you to see a patient, vs what you are getting paid to see that patient. Obviously, if you are getting paid less than what it cost you, there is a problem.

You can listen, and if you choose, also watch this on our blog.

So do you know these numbers?

https://NPBusiness.org/costperpatient

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