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- Title
"Vital Signs": for Assessing Your Practice's Financial Health.
- Authors
Borglum, Keith
- Abstract
The article presents several approaches on how to measure performance and develop financial discipline. The approaches include working with the office staff to manage the financial status, analyzing collections as a percentage of charges such as 50% and 80%, and using relative value unit to measure productivity. Furthermore, it states that the expenses must be examined by category and the benchmarks should reflect variables including the hours worked.
- Subjects
BENCHMARKING (Management); FINANCIAL management; USER charges; COST control; CAPITAL productivity
- Publication
Family Practice Management, 2009, Vol 16, Issue 6, p25
- ISSN
1069-5648
- Publication type
Article