MGMA physician practice seminar

Written by Reed Tinsley, CPA | May 9, 2007

I just returned from presenting my 2 day seminar for the Medical Group Management Asssociation (www.mgma.com) entitled "Evaluating the Financial Health of Your Practice." The next seminar date is June 23/24 in Austin, Texas. In case you might be interesting in coming to Austin, here is what is covered at the seminar:

- How to prepare and analyze practice management reports to manage your practice'

- How to prepare and analyze practice financial statements

- How to assess/analyze/reduce practice overhead

- How to prepare a cost accounting study and what to do with it

- How to prepare a meaningful "bottom up" practice budget

- Creative service lines and products to increase gross revenues

- Tips and strategies to successsfully negotiate with managed care plans

- Current physician compensation formulas

- How to solicit feedback from your employees to improve practice operations

- How to conduct your own practice financial assessment

- Review of practice internal controls that must be in every medical practice

- How to conduct a strategic planning retreat and why strategic planning is so important

About the Author

Reed Tinsley CPA

This article is written by Reed Tinsley, a Houston, TX-based CPA with over 30 years of experience advising physicians and medical practices across Texas and the United States. Reed holds certifications as a Certified Valuation Analyst (CVA), Certified Healthcare Business Consultant (CHBC), and Certified Financial Planner (CFP), specializing exclusively in the healthcare sector. He is a published author, nationally recognized speaker, and trusted advisor to physicians on accounting & tax, practice management, and financial planning. Schedule a Free Consultation.

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