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Physical therapists (PTs) rely on a variety of tests and measures to evaluate a patient or client. When it comes to evaluating the health of a physical therapy practice, PTs similarly can draw upon an array of financial tests, measures, and benchmarks. Choosing the right measures to evaluate the appropriate functions is as important to a practice's financial health as are the tests and measures of physical health.

With the many changes occurring in health care—ranging from suspension of the hard therapy cap to implementation of direct access and testing of new practice models—it's never been more important for PTs to understand and monitor appropriate measures of a practice's financial health.

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  1. Benchmark 2017. HCS Consulting. http://hcsconsulting.com/faq/. Accessed June 10, 2018.
  2. Fine KN. Examine the profitability of your practice with healthcare KPIs. South Florida Hospital News and Healthcare Report. May 2018. https://kaufmanrossin.com/news/examine-profitability-practice-healthcare-kpis/. Accessed June 7, 2018.

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