Webinar on Pediatric Financial Benchmarking

  • Check with publisher
  • Published date: November 3, 2017
    • Fremont, California, United States

Overview: In this discussion, we will focus on financial measures that are meaningful to

pediatricians.In this webinar, we will identify a pediatric-specific measure, explain how to

calculate it, and then share results from pediatric practices around the country. Practices

will have a simple blueprint to use to develop and compare their own performances without

having to understand computer programming and using data that even the most rudimentary

practice management systems can generate.

Why should you Attend: Independent pediatric practices work in silos - rarely understanding

how their performance compares to their local peers or even on a national scale. What numbers

should a managing physician or practice administrator pay attention to? What are the

indicators of danger or success? To make matters worse, financial benchmarking in medicine

has little or no understanding of the unique nature of pediatrics. Vaccines make up 20% or

more of revenue in pediatric practices except in universal states. How can you possibly make

comparisons? What's a normal A/R for a busy practice? What's an appropriate E&M distribution?

What is a Sick:Well ratio?

Most independent physicians forget that they run a small business, and running a small

business means being aware of your financial performance and productivity. Practices who

don't constantly sample their own performance data and compare it not only to others, but to

their own histories can expect to operate inefficiently and repeat mistakes year after year.

Stay independent by understanding your performance.

Areas Covered in the Session:

What Is a Benchmark?
What makes a good benchmark?
Where can you get good pediatric benchmark data?
What do I do if my results are different?
A/R Days, A/R Days > 60 Days Old
Revenue-Per-Visit, with and without immunizations
Medicaid Volume
E&M Distribution

Who Will Benefit:

Managing Partners
Practice Administrators for Independent Pediatric Practices

Speaker Profile
Chip Hart is the Director of PCC's Pediatric Solutions consulting group and author of the

popular blog Confessions of a Pediatric Practice Consultant (chipsblog.com). Chip's 25 years

of pediatric practice management expertise has helped thousands of pediatricians increase

their clinical and financial health. He has conducted many successful insurance contract

negotiations on behalf of his clients and worked as a consultant for the American Academy of

Pediatrics (AAP) and the AAP Section on Administration and Practice Management (SOAPM). As a

dynamic and motivating speaker, Chip leads educational seminars and consults for pediatric

professionals nationwide for organizations like the AAP, state chapter AAP programs, the

MGMA, and various physican and hospital organizations around the country. Chip was a member

of the CCHIT Child Health Work Group and is a member of the CDC Clinical Decision Support and

Children's Model EHR format working groups.

Price - $139
Contact Info:
Netzealous LLC -MentorHealth
Phone No: 1-800-385-1607
Fax: 302-288-6884
Email: support@mentorhealth.com
Website: http://www.mentorhealth.com/
Webinar Sponsorship: https://www.mentorhealth.com/control/webinar-sponsorship/

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