Variables affecting the financial viability of your practice: a case study
Binderman, J.
Journal of Medical Practice Management Mpm 17(2): 64-68
2001
ISSN/ISBN: 8755-0229 PMID: 11680138 Document Number: 528091
Utilizing the discussion of variables affecting practice financial viability, a case study is considered. The case study reveals the relative impact multiple variables have upon the bottom line, including: practice capacity, percentage of capitation, and fee-for-service in the practice, as well as patient visit rates and patient churning. This article presents basic financial information through a case study model, utilizing a series of worksheets that can be adapted to any practice situation to encourage improved financial viability.