Written for physicians and office administrators, this work offers information professionals need to make informed decisions and set a practice on a sound fiscal foundation. In plain language, it simplifies financial analysis, outlines steps to assure revenue maximization and expense management, and discusses financial safeguards and other internal control issues. Also included are chapters on budgeting, ratios, and benchmarking, as well as financial report samples, charts, checklists, and a glossary of financial terminology. The author is a medical practice consultant. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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This resource provides exercises in medical practice financial planning, as well as a step-by-step process for budgeting. Learn to implement guidelines to control cash and establish internal controls covering collections and fraud prevention.

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