Building Practice Revenue: A Guide to Developing New Services
Bruce A Johnson, JD, MPA; Darrell L Schryver, DPA and Daniel P Stech, MBA
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Is your practice dealing with declining reimbursement rates?
Are your leaders, partners, or physicians demanding that you maintain the current level of practice income?
One solution is to develop new revenue sources, including ancillary services. This book describes the benefits of integrating new services and what types of services might be appropriate for your practice, and offers an analytic approach for determining the probable benefit.
Practice consultant Bruce Johnson also reviews the potential impact of the legal and regulatory environment on such ventures. He incorporates several case studies, a strategy checklist and a sample pro forma to assist practice executives in understanding the benefits and issues related to new revenue opportunities.
Medical Group Management Association, founded in 1926, is the nation’s principal voice for medical group practice. MGMA’s 19,000 members manage and lead more than 11,500 organizations in which more than 237,000 physicians practice. MGMA’s core purpose is to improve the effectiveness of medical group practices and the knowledge and skills of the individuals who manage and lead them. MGMA headquarters are in Englewood, Colorado.
(information provided by the publisher)
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