Performance

Quantum Medical measures its Practice Management Performance through various financial benchmarks comparing revenue, receivables, and productivity ratios to national averages.

Our goal is for our clients to consistently outperform their peers. Although it is difficult to compare practices due to billing variables such as payor mixes, managed care contracts, patient demographics, and fee schedules, Quantum Medical has been successful in beating the national averages and significantly improving the benchmarks of practices over their previous fiscal year.

Some key operating benchmarks used are:

  • Gross and Net Collection Ratios
  • Accounts Receivable Days
  • Bad Debt Percentage
  • Percentage of Accounts Receivable less than 90 Days