Four-square. Practice profitability stands on four foundations.
A medical practice's profitability stands on four legs: physician productivity, accounts receivable, overhead costs and ancillary revenue. The author describes where weakness can occur in each of these foundations and how to remedy such structural defects.
Mefford
Daniel D
DD
Health Care Consulting Group, Columbus, Ohio, USA. dmefford@thepracticeresource.com
D000067:Accounts Payable and Receivable; D003365:Costs and Cost Analysis; D004526:Efficiency; D005376:Financial Management / Q000379:methods*; D006123:Group Practice / Q000191:economics*; D006801:Humans; D007182:Income; D007318:Inservice Training; D011216:Practice Management, Medical; D014481:United States