decisionhealth Newsletters, Part B News - 2009 Issue 8 (August)
Benchmark of the Week: Top ten most expensive practices to run, 2008
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Article Overview
This article reviews a physician practice expense benchmark based on the 2007-2008 Physician Practice Information Survey (PPIS), administered by the AMA in conjunction with CMS. It is intended for readers who track specialty-level practice cost patterns, benchmarking, and reimbursement context. The piece discusses the survey source, the general makeup of practice expense, and the types of specialties represented among the highest-cost practices.
Why This Topic Matters
Practice expense benchmarks help coding, billing, and practice management professionals understand specialty cost patterns that may influence fee schedule discussions, operational planning, and analysis of resource-intensive specialties.
What You Will Learn
- How the benchmark is based on AMA/CMS physician practice expense survey data.
- What general factors are included in practice expense calculations.
- Which broad categories of specialties are represented among the highest practice expense groups.
- How public-domain survey components differ from confidential raw survey data.
Who Should Read This
- Medical coders
- Billing professionals
- Practice managers
- Revenue cycle analysts
- Physician administrators
- Healthcare consultants
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