MGMA Key Indicators of Practice Viability

Profitability and Cost Management

1)      Total gross charges per FTE physician

a)      Gross charges per FTE physician

2)      Gross charges per medical procedure

a)      Total medical receipts per medical procedure

3)      Total medical revenue per FTE physician

a)      Medical revenue after operating cost per FTE physician

4)      Medical revenue after operating cost per FTE physician

a)      Net medical revenue per FTE physician

5)      Total operating cost as a percentage of total medical revenue

a)      Total operating cost as a percentage of total medical receipts

Productivity, Capacity and Staffing

1)      Total RVU's per FTE physician

a)      Procedures in and out of practice per FTE physician

2)      Physician work RVU's per FTE physician

a)      No comparison

3)      Patients per FTE physician

a)      Patients per FTE physician

4)      Total procedures per FTE physician

a)      Procedures in and out of practice per FTE physician

5)      Inside medical/surgical procedures per square foot

a)      No comparison

Account Receivable and Collections

1)      Percent of total AR 120+ days

a)      Percent of AR 90+ days

2)      Months gross FFS charges in AR

a)      No comparison

3)      Adjusted FFS collection percentage

a)      No comparison

4)      Bad debts due to FFS activity per FTE physician

a)      No comparison