decisionhealth Newsletters, Part B News - 2009 Issue 9 (September)
Benchmark of the Week: Physician compensation to collection ratio, 2008
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Article Overview
This article presents a benchmark chart based on Medical Group Management Association (MGMA) survey data from 2008. It explains that the figures compare physician compensation to practice collections by specialty and discusses the scope of the underlying data source, including the types of collections included and the setting of the practices surveyed. The piece is useful for physicians, practice administrators, and healthcare finance or operations staff who want to compare compensation and revenue patterns at a high level.
Why This Topic Matters
Understanding compensation-to-collection benchmarks can help medical groups compare performance across specialties and evaluate how revenue is distributed within a practice. The article also clarifies the general context and limitations of the MGMA survey data that support the benchmark.
What You Will Learn
- What the benchmark chart measures at a high level
- Which organization provided the underlying survey data
- How the article characterizes the practice setting and data scope
- Why compensation-to-collection ratios may differ across specialties in general terms
Who Should Read This
- Physicians
- Medical practice administrators
- Healthcare finance professionals
- Revenue cycle staff
- Practice managers
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