Introduction - Maximum profitability is never an accident; it is always planned. Too often physicians and managers never know how they are doing until it is too late to do anything about it. This unique program teaches physicians and managers how to work together in developing and using simple budget techniques to maximize physician productivity. It starts with a bottom-line goal that leads to simple, daily production goals for the physician. By following the plan the only result can be planned profits. This program is designed for managers and physicians.
This Practice Management Audiocast Presentation includes ...
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This Audiocast is of a recent Live Webconference presented by Economedix;
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Your registration fee covers the ability for you and your practice to view this presentation for one year along with various course handout materials;
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The ability for ACS Fellows and practice managers to e-mail follow-up questions to Economedix Practice Management Advisors for personalized responses;
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Co-Sponsors - The American College of Surgeons (ACS) and The Professional Association of Health Care Office Management (PAHCOM).
Course Objectives - Completion of this Practice Management Course will provide:
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Understand the components and processes for building a budget;
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Use tools for evaluating costs and determining required revenues;
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Develop strategies for putting net income as the first priority;
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Create templates for building a bottom-line budget;
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Understand methods for translating revenue needs to customized physician productivity budgets; and
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Create reporting mechanisms to easily track physician productivity.
Accreditation - The American College of Surgeons is accredited by the Accreditation Council for Continuing Medical Education (ACCME) to provide continuing medical education to physicians.
Credits - The American College of Surgeons designates this educational activity for a maximum of 1.5 category 1 credits toward the AMA Physician's Recognition Award. Each physician should claim only those credits that he/she actually spent in the educational activity. PAHCOM has pre-approved this educational activity for 1 CEU towards the PAHCOM CMM designation. To earn the credit, participants must complete the combination Evaluation / CME - CEU Form, that is included in the course materials, and FAX this form back within seven days following the date of the teleconference.
Faculty - The faculty for the course is Mr. Tom Loughrey, MBA, CCS-P. Mr. Loughrey is Chairman of Economedix and a noted practice management consultant to physicians, medical offices and medical societies. For over a decade, Mr. Loughrey has provided consulting services to the College as a part of the Consultant’s Corner at the annual ACS Clinical Congress and regularly is engaged by ACS to speak and teach at meetings and workshops throughout the country.
