ITEMS IN FPM ON TOPIC:
This article describes two financial tools ? gap and root cause analyses ? to help physicians better understand the financial performance of their practice.
Argues that physicians profiled in cover story about charging patients for "free" services are inadvertently conducting experiments in the future of the health care system.
The article describes how to conduct a unit cost analysis, which takes into account all of the costs associated with providing a particular service (e.g., an adult physical) and determine how much it costs your practice to provide that service. This information can be useful for developing budgets, for negotiating rates with health insurance plans and for strategic planning.
This article walks the reader through the process of deciding whether it's financially feasible to purchase new medical equipment, and it includes an extensive financial analysis tool the reader can use during the process.
This article describes how a practice can create an effective practice budget by appropriately tracking expenses and comparing them to benchmark data.
This article describes 10 reasons that family practices lose money and offers prevention tips for each reason.
The article shows physicians how they can determine their optimum staffing levels by comparing their practices to industry benchmarks.
Compares Gordon Moore's completely solo practice to Thoreau's house at Walden Pond
The article explains what practice-management data physicians need to analyze the health of their practices.
Editorial arguing that efforts to make medicine into big business are doomed to failure because they are economically unsound and because medicine is an art, not a business, and an art that depends on the doctor being set apart as special, not shoved into a slot with other "providers."