Introduction - What are the key practice measures that indicate productivity and changes in a practice? Participants will find out how to measure productivity cross tabulated to providers, locations, departments, payers, procedures, diagnoses and any combination of these. Learn how these ratios can be used to identify problem payers. Find out how to use common benchmarks appropriately to accurately compare your practice with others. Learn how to set up systems to track productivity with already existing capabilities in your data processing system. This program is designed for physicians and managers.

This Practice Management Audiocast Presentation includes ...

• This Audiocast is of a recent Live Webconference presented by Economedix;
• Your registration fee covers the ability for you and your practice to view this presentation for one year along with various course handout materials;
• The ability for ACS Fellows and practice managers to e-mail follow-up questions to Economedix Practice Management Advisors for personalized responses;
• 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:

• Understand what the key benchmark measures of productivity are and how to use them;
• Use tools for evaluating financial and non-financial productivity measures across the practice;
• Define methods and templates for projecting expenses;
• Create viable options for meeting practice needs while controlling or reducing costs;
• Understand methods for creating custom benchmarks unique to the practice; and
• Use templates for studying and analyzing costs.

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.