Academic Practice Cpmpensation And Production Survey For Faculty And Management

Academic practices face different challenges than private group practices. Your physicians are spending time with patients as well as teaching students and residents and conducting research. Your production data don't compare well with private practices. And your compensation structures are also distinct. That's why you need to compare your data with more relevant benchmarks those of other academic practices. MGMA s annual Academic Practice Compensation and Production Survey for Faculty and Management Report helps you analyze critical relationships between compensation and performance; provides broad data that encompass physician and nonphysician faculty and management; and gives you a valuable resource for continued success in an increasingly complex workplace. By simultaneously focusing on the quality and efficiency of care, you can make confident decisions that positively boost academic practice performance.

Essentials of Physician Practice Management offers a practical reference for administrators and medical directors and provides a comprehensive text for those preparing for a career in medical administration, practice management, and health plan administration. Essentials of Physician Practice Management is filled with valuable insights into every aspect of medical practice management including operations, financial management, strategic planning, regulation and risk management, human resources, and community relations.

This text provides physicians with the basic business skills in order for them to become involved in the financial aspect of their practices. The text will help the physician decide what kind of practice they would like to join (i.e. private practice, small group practice, solo practice, hospital employment, large group practice, academic medicine, or institutional\government practice) as well as understand the basics of contracting, restrictive covenants and how to navigate the road to partnership. Additional topics covered include, monthly balance sheets, productivity, overhead costs and profits, trend analysis and benchmarking. Finally, the book provides advice on advisors that doctors will need to help with the business of their professional and personal lives. These include accountants, bankers, lawyers, insurance agents and other financial advisors. The Complete Business Guide for a Successful Medical Practice provides a roadmap for physicians to be not only good clinical doctors but also good businessmen and businesswomen. It will help doctors make a difference in the lives of their patients as well as sound financial decisions for their practice.