Benchmarking Basics: Key Indicators for a Healthy Practice

Your revenue and expense streams are vital to ensuring your practice’s profitability. This recording from the 2018 Practice Management Workshop will help you determine which metrics to track and how you can spot problems before they become severe.

Target Audience

  • Allergist/immunologists
  • Allied health practitioners
  • Fellows-in-training
  • Practice managers
  • Billing staff and other practice staff

Learning Objectives

Upon completion of this activity, participants should be able to:

  • Describe several metrics that can be used to determine an allergy practice's financial health
  • Describe which element of practice viability a specific metric measures and why that metric is important to track
Summary
Available credit: 
  • 1.50 Attendance
    Attendance credit.
  • 1.50 CE
    CE credit.
  • 1.50 CME
    CME credit.
Course opens: 
08/15/2018
Course expires: 
08/14/2019
Cost:
$50.00
Rating: 
0

Planning Committee
Tessie Adams
Coastal Allergy & Asthma PC, Savannah, GA
Relevant relationships: None

Priya Bansal, MD FAAAAI
Asthma and Allergy Center, Bloomingdale, IL
Relevant Relationships: None

Becky Buelow, MD
Medical College of Wisconsin, Milwaukee, WI
Relevant relationships: None

Shannon Ficker
Allergy, Asthma & Pulmonary Associates, St. Cloud, MN
Relevant relationships: None

Karen Gregory, DNP APRN-BC RRT AE-C
Oklahoma Allergy and Asthma Clinic, Edmond, OK
Relevant relationships: None

Vinay Mehta, MD FAAAAI
Allergy, Asthma and Immunology Associates, PC, Lincoln, NE
Relevant relationships: None

Amber Patterson, MD FAAAAI
ENT & Allergy Specialists of Northwest Ohio, Findlay, OH
Relevant relationships: None

Michael Rupp, MD FAAAAI
The Allergy and Asthma Clinic of Southern New Mexico, Las Cruces, NM
Relevant relationships: None

Weily Soong, MD FAAAAI
Alabama Allergy & Asthma Center, Birmingham, AL
Relevant relationships: None

Mohamed Yassin, MD FAAAAI
Allergy, Asthma & Pulmonary Associates, PA
Relevant relationships, None

Faculty
Tessie Adams
Coastal Allergy & Asthma PC, Savannah, GA
Relevant relationships: None

Nick Hernandez, CEO
ABISA Healthcare, Valrico, FL
Relevant relationships: None

Content Reviewers
Sara Lowe, NP
Medical College of Wisconsin, Milwaukee, WI
Relevant relationships: None

Kara Wada, MD
Nationwide Children’s Hospital, Columbus, OH
Relevant relationships: None

AAAAI Disclosure Policy
Pursuant to the Code of Ethics for the American Academy of Allergy, Asthma & Immunology (AAAAI) and the Standards for Commercial Support of Continuing Medical Education of the Accreditation Council for Continuing Medical Education, the AAAAI requires disclosure of certain information from faculty members of educational activities designated for CME credit by the AAAAI. Prior to the activity, authors and reviewers are required to disclose all relationships that meet the following parameters:

  • Employment: Name of employer and job title.
  • Financial interests: All organizations, other than the employer, from which the faculty member or a member of his/her immediate family or household receives annual remuneration in any amount (including grants, honoraria and consulting fees).
  • Research interests: All organizations which support research projects for which the faculty member or member of his/her immediate family or household serves as an investigator.
  • Legal Consultation Services/Expert Witness Testimony: All topics on which the faculty member provided legal consultation and/or expert witness testimony during the previous calendar year.
  • Organizational interests: All organizations, other than the AAAAI, for which the faculty member holds volunteer positions.
  • Gifts: All organizations from which the faculty member or a member of his/her immediate family or household have received a gift of any amount in the last year.
  • Other interests: All interests of the faculty member or a member of his/her immediate family or household that would be judged by a majority of his/her peers to be more than casual and/or likely to impact his/her ability to exercise independent judgment. This includes any financial interest in or relationship with any manufacturer of a commercial product, and any financial interest or relationship with any organization that provides commercial support to AAAAI-sponsored educational activities.

The information disclosed by the speakers and planning committee was reviewed in accordance with the AAAAI Disclosure Policy. All potential conflicts of interest were resolved by the planners, faculty, and reviewers prior to their participation in the development of this activity.

Accreditation Statement
The American Academy of Allergy, Asthma and Immunology (AAAAI) is accredited by the Accreditation Council for Continuing Medical Education to provide continuing medical education for physicians.

Designation Statement
The American Academy of Allergy, Asthma & Immunology designates this enduring material for a maximum of 1.50 AMA PRA Category 1 Credits™. Physicians should claim only the credit commensurate with the extent of their participation in the activity.

CE Designation Statement
The American Academy of Allergy, Asthma, & Immunology (AAAAI) is a Provider, approved by the California Board of Registered Nursing, Provider #10704, for up to 1.50 Contact Hours.

Credit Claiming Period
Credit claiming for this activity will expire at 11:59 pm on June 30, 2019. Requests to claim credit on or after July 1, 2019 will be subject to an administrative fee.

AAAAI Privacy Policy
To verify your participation in educational activities, you may be asked to provide your name, contact information, and/or other descriptors. The AAAAI will not release this information to outside entities. It may be used internally to inform you of other AAAAI educational activities. If you wish to have your information excluded from this process, please contact us at cme@aaaai.org.

Questions
Questions about the Workshop should be directed to practicemanagement@aaaai.org

Registration and credit claiming questions should be directed to cme@aaaai.org.

Available Credit

  • 1.50 Attendance
    Attendance credit.
  • 1.50 CE
    CE credit.
  • 1.50 CME
    CME credit.

Price

Cost:
$50.00
Please login or register to take this course.

Required Hardware/software

One of the two latest versions of Google Chrome, Mozilla Firefox, or Safari.

Internet Explorer is no longer supported.