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Physician Finances
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| Date |
August 23, 2010
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| Location | German American Society, Omaha, NE |
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| Course Time |
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8:30 a.m. to 4:30 p.m. |
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Identify opportunities available through integration, valuable consulting services in practice management cost structure and collectionsand skills necessary to keep pace with the rapid changes in health care delivery. Learn the "ins and outs" of physicians' revenue recognition and business operations. Major emphasis will be on the Medicare RBRVS rules, changes in physicians' compensation, current developments in managed careand dealing with tax-exempt hospital based medical practices. Discuss practice operation, fraud prevention through appropriate controls, tax and practice valuation issues. Explore physician's HMO and PPO contract issues. Examine specimen contract provisions. This program is a MUST for the CPA providing specialized services to physicians.
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| Course Highlights & Objectives |
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This program covers Cost accounting benefits in medical practice; CPAs' role in healthcare practice; Financial strategies; Full revenue review; Implementing compliance programs; Managed care in general; Medicare - RBRVS impact; Personnel compliance; Revenue and accounts receivable; and Typical HMO contracts with physicians.
You will learn to Advise physicians about business management strategies; Analyze revenue coding and realization; Analyze typical medical practices’ business agreements; Assist physicians in analyzing and negotiating managed care contracts; Avoid costly errors in personnel administration; Provide profitable consulting services to physicians; and Understand Medicare and its effect on a typical medical practice. |
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| Who Should Attend |
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| CPAs in public practice and business managers of medical practices. |
| Course Level | Intermediate |
| Prerequisites | None |
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| Discussion Leader | Ron Antal, CPA, MST, Nichols Patrick CPE, Inc. |
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| Additional Information: |
Parking is available on site and lunch is provided. |
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| Fee |
$230 - Society Member
$260 - Society Nonmember |
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