
Key Performance Indicator (KPI) for Acupuncture
To name a few:
Patient/Client KPIs
Patient Retention Rate: Percentage of patients who return for follow-up treatments. High retention suggests treatment effectiveness and patient satisfaction.
Net Promoter Score (NPS): Measures patient satisfaction and their likelihood to recommend your clinic.
New Patient Acquisition: The number of new patients added within a specific timeframe. Helps track practice growth.
Patient Referral Rate: Percentage of new patients that come through existing patient referrals. A strong referral rate indicates positive experiences.
Average Number of Visits per Patient: Tracks the average number of treatments a patient receives. Helps in assessing patient need and engagement.
Treatment Effectiveness KPIs
Patient-Reported Outcome Measures (PROMs) Track improvements in symptoms (pain, stress, sleep, etc.) as reported by the patient before and after treatment cycles.
Symptom Improvement Rate: Percentage of patients reporting a significant reduction in symptoms after a course of treatment.
Condition-Specific Outcomes: If you specialize in treating specific conditions (pain management, fertility, etc.), track KPIs related to improvement in those areas.
Financial KPIs
Revenue per Patient: Average revenue generated per patient over a specific timeframe. Helps in understanding patient value.
Average Treatment Cost: The average cost of treatment per session.
Profit Margin: Percentage of revenue remaining after expenses are accounted for. Measures overall financial health.
No-Show Rate: Percentage of appointments missed without cancellation. High no-shows disrupt revenue and scheduling.
Prepaid Packages: If you offer discounted package deals, track the sale of these to analyze the strategy’s financial impact.
Operational KPIs
Utilization Rate: Percentage of available appointment slots that are booked. High utilization maximizes revenue potential.
Patient Wait Time: Time a patient waits before their scheduled appointment begins. Shorter wait times enhance patient experience.
Appointment Rescheduling Rate: Percentage of appointments that need to be rescheduled. Lower rates help with efficient scheduling.
Marketing & Growth KPIs
Website Traffic: Number of visitors to your clinic’s website, indicating potential reach.
Lead Conversion Rate: Percentage of website visitors or inquiries that convert into new patients. Helps analyze marketing effectiveness.
Community Outreach Activities: Track the impact of workshops, presentations, or other activities that promote awareness of your services.