Productivity Formula:
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Therapy productivity measures the efficiency of therapy services by calculating the percentage of billable time relative to total working time. This metric helps therapy academies and practices optimize resource allocation and improve operational efficiency.
The calculator uses the productivity formula:
Where:
Explanation: This formula calculates the percentage of working time that generates revenue, providing insight into therapy service efficiency.
Details: Tracking therapy productivity helps organizations identify efficiency gaps, optimize staffing, improve revenue generation, and maintain high-quality patient care standards.
Tips: Enter billable hours and total hours in decimal format (e.g., 7.5 hours). Billable time cannot exceed total time. Both values must be positive numbers.
Q1: What constitutes billable time in therapy?
A: Billable time includes direct client therapy sessions, assessments, treatment planning, and documentation that can be charged to insurance or clients.
Q2: What is considered good productivity in therapy practice?
A: Productivity standards vary, but typically range from 70-85% depending on the practice setting, therapist experience, and administrative responsibilities.
Q3: How often should productivity be calculated?
A: Most practices calculate productivity weekly or monthly to track trends and make timely adjustments to operations.
Q4: Does productivity calculation include non-clinical time?
A: Yes, total time includes all working hours - both clinical (billable) and non-clinical (administrative, meetings, breaks) time.
Q5: Can productivity exceed 100%?
A: No, since billable time cannot exceed total working time, productivity percentage should never exceed 100%.