Historically, physician practices had a large margin of profit, but with the growth of managed care this margin has shrunk. For a practice to remain financially viable, careful attention must be paid to analyzing and controlling costs. This book will provide physicians and practice administrators with practical guidelines for approaching cost containment issues within the practice. The authors will address the eight areas of the practice where costs most often get out of control, and will present strategies for managing ...
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Historically, physician practices had a large margin of profit, but with the growth of managed care this margin has shrunk. For a practice to remain financially viable, careful attention must be paid to analyzing and controlling costs. This book will provide physicians and practice administrators with practical guidelines for approaching cost containment issues within the practice. The authors will address the eight areas of the practice where costs most often get out of control, and will present strategies for managing practice costs effectively. Readers will come away with practical, tested solutions and ideas for cost savings that will enhance the bottom line.
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