Financial Management for Medical Groups: A Resource for New and Experienced Managers

Today’s evolving healthcare environment demands that every practice manager, whether experienced or new to the field, be highly proficient in all aspects of the financial management of medical practices. The third edition of this MGMA-ACMPE best-selling book is a comprehensive resource that addresses topics from the basics of accounting and finance to evaluating the impact of changing regulatory and reimbursement environments on medical practices. The book provides you with the information and context you need to build your foundational financial management knowledge and apply it to the changing world of medical practice management. Read the entire book or use it as a reference on topics such as: Cost accounting for pricing and managing the practice Government payment regulations Capital budgeting and acquisitions Benchmarking and reporting Physician profiling Outcomes-based research Fraud and compliance Accountability perspectives Payer contracting Relative value units Budgeting Practice management software Investments