Input your overall revenue target per practice. Add monthly or yearly targets for different payors and sundry sales.
🚨 Important: The targets that are input will feature on The Revenue Tracker Dashboard.
How do I set the start month of the financial year?
On first access to Financial Targets, the Set Financial Month screen appears automatically:
Choose the month from the drop down.
Click Save.
Also, you can click into Settings on the right hand side which will bring up the Set Financial Month screen.
How do I set yearly financial targets?
Select the correct year from the dropdown at Configure For.
On the practice line click Edit.
Input the overall target for each payor under Total. The monthly target will automatically be generated (Total/12)
Click Save.
How do I set monthly financial targets?
Select the correct year from the dropdown at Configure For.
On the practice line click Edit.
Input the overall target for each payor under Total. The monthly target will automatically be generated (Total/12)
Ensure Monthly is selected.
Input the revenue targets for each month.
Click Save.
How do I set NHS Targets?
NHS Practices in England and Wales.
Select Year mode
Input the contract monetary value of the UDA contract (s) in the annual target
The monthly target will appear. This is calculated by taking the annual target and dividing by 12.
Select Month mode to make any monthly target adjustments.
NHS practices in Scotland and Northern Ireland.
In either ‘month’ or ‘year’ mode, add the sum of the NHS Payor fee and the Patients invoice when setting the target.