Want to be a better performing medical practice?

Better performing medical practices use the following techniques to increase profitability: 

  • strategic and profit planning;
  • cost management;
  • evaluation of capital structure and investments;
  • evaluation of tax policy and management;
  • internal controls; and
  • financial reporting and performance evaluation.

Physician practices that have superior levels of performance in four areas:

  • profitability and management costs;
  • production, capacity and staffing;
  • accounts receivable and collections; and
  • managed care operations.

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