To lead a successful practice, administrators and physicians must ask - and answer - several questions: How does my practice compare with others and what ratios and formulas should I use for comparison? How profitable and productive is my practice and what performance metrics should I review and use to improve performance?
This guide covers the topic of benchmarking for medical practices like no other.
Packed with tools and performance indicators, it shows you how to find practice-specific factors to help determine the right goals and benchmarks for your practice. Also use this book to:
- Gain all the advantages of benchmarking - improved financial performance and increased patient, physician and staff satisfaction
- Avoid the common mistakes when interpreting benchmarks
- Presenting data to physicians and other stakeholders for making management decisions
- How to show bank your practice is credit worthy
- Includes information for hospitals: inpatient metrics for determining market share, occupancy rates, length of stay, payer mix, expense and revenue per discharge, full-time equivalents per bed, and other measures
- Includes section on military health system metrics and business planning
- Sources of benchmarking and operations improvement information
- 276 pages, softbound, published by MGMA
Additional Info
| SKU | 368 |
|---|---|
| Author | No |
