As a medical exercise practice owner, understanding and tracking your practice's performance is vital to your success. At METI, we’ve identified seven key numbers that are essential to review at the end of each year. These "numbers" are the foundation for evaluating your current progress and setting achievable goals for the upcoming year.
Here’s a breakdown of the 7 Numbers:
- Total Practice Revenue
This is the total income your practice generated over the year. Knowing this helps you gauge overall performance and plan for growth. - Number of Scheduled Client Sessions
Track the total number of sessions scheduled, whether they are one-on-one, group sessions, or couple sessions. - Number of Completed Client Sessions
Understand how many of your scheduled sessions were completed. This is a critical metric for assessing client retention and session adherence. - Total Practice Expenses
This includes every dollar spent on developing, maintaining, and delivering your...