The top KPIs are crucial in the healthcare industry as they provide objective measures to evaluate the effectiveness, efficiency, and quality of patient care, which is the core service of the industry. They help healthcare providers to track progress towards specific goals such as reducing patient wait times, improving treatment outcomes, and managing costs.
With these metrics, healthcare organizations can make informed decisions, improve operational processes, and enhance patient satisfaction.
This article showcases the Most Critical 2 KPIs for Healthcare and Associated Benchmarks.
Telemedicine Utilization Rate serves as a critical performance indicator for healthcare organizations, reflecting the adoption of virtual care services.
A higher utilization rate can lead to improved patient access, enhanced operational efficiency, and better financial health. This KPI is essential for tracking results and aligning strategic initiatives with patient needs.
Organizations leveraging telemedicine effectively can expect to see a positive ROI metric through reduced overhead costs and increased patient satisfaction. Learn more about the Telemedicine Utilization Rate KPI.
View Common Pitfalls
View Improvement Levers
We have 4 benchmarks for this KPI available in our database.
Related KPI Categories
Resource Utilization Efficiency is crucial for assessing how effectively an organization leverages its assets to generate revenue.
High efficiency indicates strong operational performance, leading to improved financial health and enhanced ROI metrics. Conversely, low efficiency can signal resource wastage, impacting profitability and strategic alignment.
Organizations that prioritize this KPI can better track results, enabling data-driven decision-making and informed management reporting. Learn more about the Resource Utilization Efficiency KPI.
View Common Pitfalls
View Improvement Levers
We have 1 benchmark for this KPI available in our database.
Related KPI Categories
These two Healthcare KPIs were selected from the KPI Depot database to balance operational efficiency with patient engagement metrics. Telemedicine Utilization Rate captures digital care adoption, a leading indicator of service accessibility, while Resource Utilization Efficiency measures outcomes relative to resource input, reflecting operational effectiveness. Together, they provide a comprehensive view of care delivery performance.
Monitor Telemedicine Utilization Rate alongside Resource Utilization Efficiency—rising telemedicine visits with stagnant or declining resource efficiency signals potential overextension of resources without proportional outcome gains. Conversely, improving Resource Utilization Efficiency with flat Telemedicine Utilization Rate suggests gains from optimizing existing care channels rather than expanding telemedicine. Tracking these KPIs in tandem reveals whether telemedicine growth supports or strains resource allocation and patient outcomes.
Prioritize implementing Telemedicine Utilization Rate first, as visit data is typically available in real time and offers immediate insight into care channel shifts. Follow with Resource Utilization Efficiency to assess whether resource deployment aligns with patient outcome improvements. These KPIs form the foundation for diagnosing operational and engagement dynamics. The full Healthcare KPI set, including additional operational and financial metrics, is accessible in the KPI Depot database.
These best practice documents below are available for individual purchase from Flevy , the largest knowledge base of business frameworks, templates, and financial models available online.
KPI Depot (formerly the Flevy KPI Library) is a comprehensive, fully searchable database of over 20,000+ KPIs and 30,000+ benchmarks. Each KPI is documented with 12 practical attributes that take you from definition to real-world application (definition, business insights, measurement approach, formula, trend analysis, diagnostics, tips, visualization ideas, risk warnings, tools & tech, integration points, and change impact).
KPI categories span every major corporate function and more than 150+ industries, giving executives, analysts, and consultants an instant, plug-and-play reference for building scorecards, dashboards, and data-driven strategies.
Our team is constantly expanding our KPI database and benchmarks database.
Got a question? Email us at support@kpidepot.com.
Each KPI in our knowledge base includes 12 attributes.
A clear explanation of what the KPI measures
The typical business insights we expect to gain through the tracking of this KPI
An outline of the approach or process followed to measure this KPI
The standard formula organizations use to calculate this KPI
Insights into how the KPI tends to evolve over time and what trends could indicate positive or negative performance shifts
Questions to ask to better understand your current position is for the KPI and how it can improve
Practical, actionable tips for improving the KPI, which might involve operational changes, strategic shifts, or tactical actions
Recommended charts or graphs that best represent the trends and patterns around the KPI for more effective reporting and decision-making
Potential risks or warnings signs that could indicate underlying issues that require immediate attention
Suggested tools, technologies, and software that can help in tracking and analyzing the KPI more effectively
How the KPI can be integrated with other business systems and processes for holistic strategic performance management
Explanation of how changes in the KPI can impact other KPIs and what kind of changes can be expected
What does unlimited web access mean?
Our complete KPI and benchmark database is viewable online. Unlimited web access means you can browse as much of our online KPI and benchmark database as you'd like, with no limitations or restrictions (e.g. certain number of views per month). You are only restricted on the quantity of CSV downloads (see question below).
Can I download a KPI group (e.g. Competitive Benchmarking KPIs)?
Yes. You can download a complete KPI group (which includes all inclusive KPIs and respective attributes data) as a CSV file. Basic plan subscribers receive 5 downloads a month; Pro plan subscribers receive 20 downloads a month.
To gain a better sense of the KPI data included, you can download a sample CSV file here. Note the CSV download only includes KPI attribute data; and not benchmark data.
Can I can cancel at any time?
Yes. You can cancel your subscription at any time. After cancellation, your KPI Depot subscription will remain active until the end of the current billing period.
Do you offer a free trial?
We allow you to preview all of our KPI groups. If you are not a KPI Depot subscriber, you can only see the first 3 KPIs in each group.
What if I can't find a particular set of KPIs?
Please email us at support@kpidepot.com if you can't find what you need. Since our database is so vast, sometimes it may be difficult to find what you need. If we discover we don't have what you need, our research team will work on incorporating the missing KPIs. Turnaround time for these situations is typically 1 business week.
Where do you source your benchmark data?
We compile benchmarks from multiple high-quality sources and document the provenance for each metric. Our inputs include:
Each benchmark lists its source attribution and last-updated date where available. We are constantly refreshing our database with new and updated data points.
Do you provide citations or references for the original benchmark source?
Yes. Every benchmark data point includes a full citation and structured context. Where available, we display:
We cite the original publisher and link directly to the source (or an archived link) when possible. Many KPIs have multiple independent benchmarks; each appears as its own entry with its own citation.
What payment methods do you accept?
We accept a comprehensive range of payment methods, including Visa, Mastercard, American Express, Apple Pay, Google Pay, and various region-specific options, all through Stripe's secure platform. Stripe is our payment processor and is also used by Amazon, Walmart, Target, Apple, and Samsung, reflecting its reliability and widespread trust in the industry.
Are multi-user corporate plans available?
Yes. Please contact us at support@kpidepot.com with your specific needs.