title: Budget variance analysis using RVUs.
abstract: This article details the use of the variance analysis as management tool to evaluate the financial health of the practice. A common financial tool for administrators has been a simple calculation measuring the difference between actual financials vs. budget financials. Standard cost accounting provides a methodology known as variance analysis to better understand the actual vs. budgeted financial streams. The standard variance analysis has been modified by applying relative value units (RVUs) as standards for the practice.
authors.affiliation: D.J. Sullivan and Associates, Ann Arbor, MI 48109, USA.
authors.forename: M F
authors.initials: MF
authors.lastname: Berlin
authors.forename: M R
authors.initials: MR
authors.lastname: Budzynski
mesh_terms: D000066:Accounting; D000704:Analysis of Variance; D002017:Budgets; D003361:Cost Allocation / Q000379:methods*; D005375:Financial Audit / Q000379:methods; D006123:Group Practice / Q000191:economics*; D007351:Insurance, Liability / Q000191:economics; D015895:Relative Value Scales; D012456:Salaries and Fringe Benefits; D014481:United States