Only when you get a visualisation of your issues, can you assign them a priority.

Written reports are great, if you have time to read them. If you are time poor, a colour coded flagging system is the most effective way in getting the teams attention! Using our new traffic light reporting system and our national key performance indicators, we use the Balanced Scorecard approach to mentor your practice. We act like your GPS in your car to guide you through any challenges and opportunities.

 

The following are a range of Traffic Light Management Reports a practice/business should implement:

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    Financial Statements You Can Understand

    1.The 3-5 year Strategic Plan
    2.The 12 month Operating Plan
    3.The 12 month Operating Budget
    4.The Monthly Dashboard Report

    Read on…

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    Annual The Good, the Bad and the Ugly Report

    Read on…

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    National Practice Financial Benchmarking database and Report

    Read on…

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    The Monthly Dashboard Report

    Read on

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    National Balanced Scorecard Key Performance Indicators

    Read on…

Contact us for a demonstration on how our new external restructuring and annual traffic light reporting system that helps you better manage your practice by keeping it focussed on the things that matter.

For a timeline on when each of the above reports should be used during the financial year Read on…

 
 
 
 

For more insights visit our blog.

About me: David Dahm BA (Acc.), CA., FCPA, CTA, FFin, CPM, FAAPM, FAIM, FGLF.

Chartered Accountant, Chartered Tax Adviser, Registered Tax Agent, Former AGPAL Surveyor 10 years of service

David Dahm is CEO and founder of the national medical and healthcare chartered accounting firm Health and Life and global Founder and CEO of the not for profit project the International Healthcare Standards and Ethics Board (www.ihseb.org)

After a serious work related car accident in 1989, and nine operations later I continue to be a patient and provider advocate. I enter my third decade as a national Chartered Accountant for Medical and Healthcare practices in Australia. I am a former 10-year Australian General Practice Accreditation surveyor. I come from a medico family. I have served on the AAPM national Board and was the inaugural national Chair of the Certified Practice Manager CPM post nominal. I continue to provide accounting tax and practice management advice to many practices all over Australia.

You know who you are and I thank you for this real honour and privilege to serve you and your community through you. Note, I am not a lawyer please seek appropriate legal and accounting advice. This information is for general information and discussion only.