 |
MGMA Cost Survey
Are you doing medical practice valuation or consulting? If so,
you need the MGMA Cost Survey. Using the built-in benchmarking
tools, you can benchmark a medical practice against Medical Group
Management Association (MGMA) norms in under 60 minutes.
What can the MGMA Cost Survey do for you?
If you are doing medical practice valuation or consulting, the
MGMA Cost Survey will provide you with the detailed information
necessary to accurately assess a medical practice's performance.
The built-in benchmarking report provides ranking information
so you can tell exactly where a practice is performing against
MGMA norms.
Overview
The Cost Survey Report is one of the MGMA's most popular
benchmarking tools — and it keeps getting better. This indispensable
report provides detailed information to aid in making high-level
financial management and operational decisions.
The MGMA puts it together
- * Highly detailed data categories with multilevel operating
cost breakouts
* Information for various types of single- and multi-specialty
groups
* Comprehensive accounts receivable (A/R) data
* Capitation, fee-for-service charges and revenues
You put it to use™
- Compare cost data by category to identify possible problem
areas in your practice
- Determine how payer mix can affect your practice
- Review staffing levels compared to total medical revenue and
other variables
- Use cost reduction to improve profitability — even in
a slow-growth economy
With the NEW Practice Performance Report tool you can quickly analyze
and benchmark the following in your medical practice:
- Income statement (% of total net medical revenue and
per full-time equivalent (FTE) physician)
- Balance sheet (% of total net medical revenue and per
FTE physician)
- Staffing comparison (per FTE physician and per FTE provider)
- Staffing costs (per FTE physician)
- Accounts receivable (monthly and annually)
- Ratios
The top 6 reasons to use the MGMA Cost Survey
1) Easy to understand and to interpret analysis, all in standard
financial statement format.
2) Benchmark against multi-specialty or more than 20 single-specialty
practices.
3) One-click export to Excel, for custom analysis and charting.
4) Access hundreds of Cost Survey Report tables covering 550+
indicators.
5) Contains 90 times more data than the printed version of
the MGMA Cost Survey Report.
6) Video tutorial to take you through the entire process of
benchmarking.
MGMA Cost Survey in Valuation & Consulting
Its uses in Business Valuation
If you're valuing a medical practice, you should evaluate the practice's
financial and operational dynamics. Once a practice's performance,
growth, and comparison to its peer group is evaluated, you're in
a much better position to determine and defend your determination
of value.
Its uses in Medical Practice Consulting
If you consult with medical practices regarding financial and
operational performance, the Practice Performance Report helps
you quickly identify key areas that need to be addressed. Generate
significant consulting revenue and provide an exceptional service
to your medical practice clients.
What's Included: Software, November 2008
Format: CD-ROM
Item #: 600100
Price: $600.00 (US)
|