decisionhealth Newsletters, Part B News - 2007 Issue 2 (February)
Compare your IT and A/R performance against peers
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Article Overview
This piece reviews Medical Group Management Association benchmarking results for medical groups, focusing on accounts receivable performance, bad debt, fee-for-service collection patterns, and information technology expense levels. It is intended for practice administrators, revenue cycle teams, and managers who want a general sense of how their organization compares with peers and which operational areas are being benchmarked.
Why This Topic Matters
Benchmarking helps medical practices assess operational efficiency, cash flow performance, and technology investment relative to similar groups. The article is useful for organizations that track revenue cycle and IT expenses against peer-reported measures.
Article Sections
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Accounts receivable benchmarking
This section summarizes peer benchmarking for accounts receivable, fee-for-service collections, and related practice performance measures across group practices.
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Information technology
This section covers benchmarked spending on information technology and notes variation in results by specialty.
What You Will Learn
- How MGMA benchmarking is used to compare practice performance
- Which operational areas are discussed in relation to accounts receivable and cash flow
- How information technology spending is presented at a high level in peer comparisons
- Which types of medical groups are included in the benchmarking discussion
Who Should Read This
- Practice administrators
- Revenue cycle managers
- Medical group leadership
- Healthcare finance teams
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