Practice Viability Tool Kit - MGMA Key Indicators of Practice Viability

Profitability and Cost Management
  • Total gross charges per FTE physician
    • Gross charges per FTE physician
  • Gross charges per medical procedure
    • Total medical receipts per medical procedure
  • Total medical revenue per FTE physician
    • Medical revenue after operating cost per FTE physician
  • Medical revenue after operating cost per FTE physician
    • Net medical revenue per FTE physician
  • Total operating cost as a percentage of total medical revenue
    • Total operating cost as a percentage of total medical receipts
Productivity, Capacity and Staffing
  • Total RVU's per FTE physician
    • Procedures in and out of practice per FTE physician
  • Physician work RVU's per FTE physician
    • No comparison
  • Patients per FTE physician
    • Patients per FTE physician
  • Total procedures per FTE physician
    • Procedures in and out of practice per FTE physician
  • Inside medical/surgical procedures per square foot
    • No comparison
Accounts Receivable and Collections
  • Percent of total AR 120+ days
    • Percent of AR 90+ days
  • Months gross FFS charges in AR
    • No comparison
  • Adjusted FFS collection percentage
    • No comparison
  • Bad debts due to FFS activity per FTE physician
    • No comparison