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| Cost Survey for Multispecialty Practices: 2006 Report based on 2005 Data |
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| Description |
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Transform measurement into superior practice performance.
You need specialized data to realize the full benefits of benchmarking. The annual Cost Survey Report, one of the most popular measurement tools, enables you to make key expense comparisons — relevant to your practice size and specialty — to aid high-level financial management and operational decision-making. You’ll find solutions faster, focusing vital resources on patient care and practice performance.
We put it together
- Data on multispecialty practices
- Exhaustive detail for staffing and operating cost, broken out per physician, per provider, per patient, per square foot, as a percent of total medical revenue, per total RVU and per work RVU for both not hospital or IDS-owned and hospital or IDS-owned practices
- Revenue performance data including accounts receivable, charges, payer mix and procedural volume
You put it to use
- Answer day-to-day financial management questions quickly and enhance your bottom line by examining cost and revenue sources more closely
- Develop models and make assumptions for use in strategic planning
- Benchmark your costs against other organizations with similar profiles and perform detailed comparisons to highlight improvement areas in your organization
- Base staffing decisions on medical revenue and other variables
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Publication Date: October 2006
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