Business intelligence for your hearing care practice is just one click away.
KPIs
Nightly updates on a robust suite of the KPIs that actually matter in a hearing care practice
Know exactly what’s happening in your business – and why – with dozens of critical KPIs calculated for you at the clinic and/or provider level across any time period you’d like.
Flash
High level indicators such as Revenue, Units, & ASPSales
Production breakdowns based on New vs. Existing Patients & Upgrade vs. First Time UnitsEffectiveness
Ratios that level the playing field such as Revenue per Hour, Return Rate, and Conversion Rate, featuring Custom Opportunity Logic, totally unique to the way your practice does thingsPatient Flow
Monitor the top leading indicator for future sales with New Patient Appointments and OpportunitiesTPA
Take control over our industry’s #1 threat by keeping a close on eye on this segment of your business (and the market)Cost of Goods & Gross Margin
Analyze your COGS by manufacturer, technology level, provider, and more so you can improve your marginsProjections
Know where you’re headed with forward-looking KPIs
MVP’s prescriptive analytics help you understand at every moment where you’re projected to land on a number of key metrics and what’s driving your performance, so you can make managerial changes when needed and affect the end results.
Monthly Forecasts
Know every single day where you’re likely to end the current monthAnnual Forecasts
Keep an eye on where you’re projected to finish for the current yearMultiple Metrics
View forecasts for Revenue (including separate projections for Hearing Aid and non-Hearing Aid Revenue), Payments, and UnitsSchedule Utilization Rate
Evaluate the health of your schedule based on a variety of appointment types and looking out any time period of your choosingOpen Opportunities
Project future Revenue with real-time insights into Open Opportunities and what you are likely to generate from thoseAutomation
Save time and money by automating reporting and data analysis
When you use MVP, you’ll never have to pull another spreadsheet again.
Automation
Nightly updates from your office management system (OMS)Accessible
Web-based and available from anywhere with an internet connectionZero Resource Load
Enormous suite of audiology & hearing aid focused KPIs, available with just one click and zero effort from you or your teamCustom Modules
Ask us about automating any of your manual processes, such as provider compensation calculation, managing AR, and moreGoals
Track performance to goals you’ve set – or let MVP help you set them
Setting goals for your practice is crucial – they give you direction, help you identify what’s important, measure progress towards success, and help you stay motivated and accountable.
Multiple Metrics
Track Revenue, Payments, Units, Hearing Aid Revenue, Non Hearing Aid Revenue, Opportunities, New Patient Appointments, Revenue/Hour, TPA%, ASP, and Conversion Rate to the goals you’ve setFlexible Time Periods
Month-to-date, quarter-to-date, year-to-date, or any custom time period you’d like so you can see at any point in time if you’re on trackGoals by Clinic and/or Provider
Set goals not only for your company as a whole but down to the clinic and/or provider levelDaily Feedback
See every day how you’re performing to your goals so you can make confident decisions sooner when you need to change courseSmart Goal Setting Assistance
Collaborate with one of our data analysts to deeply understand your business’ past performance, seasonality, and other trends in the data in order to set aggressive but achievable goals for the futureBenchmarks
See how your practice stacks up with benchmarking to similar-sized practices
While no two practices are the same, MVP’s millions of rows of anonymized data can help you understand where your performance is strong and where you have opportunity to improve.
Retail Pricing Analysis
See how much revenue you’ve missed based on your pricing strategy vs. the MVP averageVisual Insights
Using color, MVP tells you WHY you’re over- or under-performing relative to your peers with insights on the most critical KPIsDatabase Performance
Understand what percent of the patients in your database are ready for upgrade and what percentage you've upgraded in the past 12 months, and compare your performance to that of like-size practicesTime Lapse
Visualize how your performance by day compares to the MVP dataset over a time period of your choosing (nationally or in you region only)Marketing
See which of your marketing efforts are working
Make the most of your precious marketing dollars when you understand exactly what each campaign is delivering to your bottom line.
Multiple Metrics
Revenue, Units, New Patients Scheduled, and Opportunities by Referral SourceDetailed Analysis
Understand changes in Referral Sources over time for each metricPatient Profiles
New vs. Existing to quickly monitor these different segments of the businessMVP Insights
A suite of tools that transform your practice data into actionable intelligence
Become a KPI pro with real-time, automated business analytics and explanations to go along with them
Data Interpretation
MVP not only delivers KPIs, but also explains how and why you got thereAnswers
Have questions about your business data? MVP Insights answers themComparison to Expected Values
See how your Revenue, Payments, Units, and New Patients Scheduled performed compared to the expected values last weekAchievement to Goals
See if you're on track to hit your Revenue, Units, ASP, and Non Hearing Aid Revenue goalsForecasting
Know at a glance where you're likely to end the current monthAutomation
Automatic updates without you or your team having to lift a finger - and delivered right to the top of your inbox
