Revenue
Total revenue includes revenue collected from both insurance payers and client payments. Revenue data includes amounts paid by one party even when the other parties have not yet paid.
Revenue is tied to the date of service that the appointment occurred, not date of payment. If your practice collects revenue through products or activities beyond appointment-based sessions, that revenue is not included here.
Your historical view of total practice revenue over time includes revenue collected by both active clinicians included in PracticeVital and inactive clinicians that are no longer with your practice.
Why might your numbers look different from what you’re seeing in your EHR’s revenue report?
The EHRs typically report revenue according to the date payment is received. Our intent is to offer an alternative data view, tying session-specific revenue to the date of service for that appointment. This allows you to better understand how your revenue directly ties to the work your team is doing, at the time it’s being done.