Medical Practice Management
May 09

MGMA physician practice seminar

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 Reed Tinsley, CPA

As a top advisor to physicians, I help increase practice profits by delivering hands-on, expert medical accounting/tax support, practice counsel, and revenue-building strategies. Read more →