Assessing the financial health of the endoscopy center.
Just as a trend of a patient's physiologic vital signs is more informative than a single assessment, the most reliable measure of EASC financial health is achieved over a continuum of time. The earliest estimate of prognosis is accomplished with a business plan that is based on an analysis of practice history, strategic planning, and carefully derived assumptions. Periodic assessments of financial performance with benchmarking data provide a current assessment of health and allow trending of performance improvements or decline. Assurance of future financial health is derived from focusing on customer needs, developing EASC core competence, and creating value through innovation. Following these guidelines helps to ensure a strong, productive, and long-lasting EASC.
Deas
Thomas M
TM
Gastroenterology Associates of North Texas, 1201 Summit Avenue, Suite 500, Fort Worth, TX 76102, USA. tmdeasjr@aol.com
D000556:Ambulatory Surgical Procedures / Q000191:economics; D019985:Benchmarking; D017046:Cost Savings; D003362:Cost-Benefit Analysis; D016099:Endoscopy, Gastrointestinal / Q000191:economics*; D005375:Financial Audit; D006801:Humans; D011216:Practice Management, Medical / Q000191:economics; D013531:Surgicenters / Q000191:economics*; D014481:United States