title: Developing a cost accounting system for a physician group practice.
abstract: Physicians in group practices must gain a competitive edge to survive in a healthcare environment in which cost efficiency has become critical to success. One tool that can help them is a cost accounting system that yields reliable, detailed data on the costs of delivering care. Such a system not only can enable physicians and group administrators to manage their operations more cost-effectively, but also can help them accurately assess the potential profitability of prospective managed care plans. An otolaryngology practice located in Mississippi provides a model for developing a cost accounting system that can be applied to physician group practices.
authors.affiliation: Horne CPA Group, Hattiesburg, MS, USA.
authors.forename: J
authors.initials: J
authors.lastname: Mays
authors.forename: G
authors.initials: G
authors.lastname: Gordon
mesh_terms: D000066:Accounting; D004180:Direct Service Costs; D006123:Group Practice / Q000191:economics*; D008922:Mississippi; D010036:Otolaryngology / Q000191:economics