Medical Practice Management Handbook For Cpas

A guide written for CPAs or health care consultants on the financial management of a medical practice. Topics include developing a market niche, financial accounting and management reports, cost containment, internal controls, projecting cash flow, strategic planning, setting fees, basic office procedures, filing insurance claims, keeping books, personnel management, employment agreements, managed care contracts, office-sharing arrangements, integrated delivery systems, and medical practice valuations. Discussion related to the regulatory environment and other country-specific areas are devoted to the situation in the United States. The CD-ROM contains practice worksheets, checklists, sample agreements, marketing plans, and similar material. Annotation copyrighted by Book News, Inc., Portland, OR.

Physicians and their medical practices today face innumerable problems and challenges in analyzing current market changes in the medical field. Do they understand and have the skills and knowledge to make advantageous decisions related to the increasingly complex situations in which they find themselves? Do they merge, oversee their office managers more closely, sign their own checks, and scrutinize accounts, or do they need a professional to come in and evaluate their practice and prepare a comprehensive financial assessment? This Accounting Handbook for Medical Practices gives physicians a valuable, usable, and readable journey through the proper processes of financial accounting and related issues. Sample charts, accounting formulas, and informative case studies enhance each chapter. Why Accounting and Financial Decisions Challenge Medical Practices and How to Address Them This book tells you what inefficiencies currently cost most physicians and their medical practices. In addition to providing you with financial analysis charts, you will find in these pages: General rules for accounting Detailed outlines of financial statements Audit standards Operating expense analyses Special medical practice issues Case studies Cost-accounting examples Internal control relating to medical practices Tax issues The Accounting Handbook for Medical Practices is a must-have for CPAs, accountants, physicians, physician practice management companies, hospital personnel, medical practice administrators, management consultants, and a range of others involved in related issues.

Using these sure-fire strategies you'll become an expert at calculating a capitation rate, avoiding medical practice fraud, working with physician practice management companies, handling retirement planning for medical offices, and more! With the guide and its time-saving documents on CD-ROM, you can help clients increase revenue and contain cost; master managed care; and specialize in practice mergers, valuations, and strategic planning. How Retirement Plans Work Types of Retirement Plans Contributions and Benefit Limitations Tax Status of Contributions and Investment Returns Government Reporting and Disclosures Types of Plan Distributions Plan Distibution Options Tax and Penalties on a Retirement Plan Dealing with Personnel Management Hiring the Right People Hours of Compensation Harassment Policies

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.