New Book: RVUs at Work: Relative Value Units in the Medical Practice
PHOENIX, Md., March 22 Greenbranch Publishing
Max Reiboldt, CPA and Justin Chamblee, MAcc, CPA
Paperback, 108 pages
Price: $82.00 plus $9.95 S&H
Many medical practices judge productivity by charges, receipts, collections or the number of encounters. Fees, however, can differ from payer to payer. Plus, a practitioner can see 25-35 patients a day and still not be "productive" in terms of what those encounters actually contribute to the bottom line. For medical practices today, there's a far better way to measure productivity -- and benchmark performance year-to-year and practitioner-to-practitioner: Relative Value Units (RVUs), the measurements originally developed to standardize Medicare payments.
Now, in the new book RVUs at Work: Relative Value Units in the Medical Practice, experts from The Coker Group -- a leading healthcare consulting firm -- give practice administrators step-by-step guidance on how to use RVUs to gain profitable new control over physician productivity, costs and expenses, operating margins, resource allocation, compensation and even managed-care contract negotiations.
Chapter 1: History and Background of RVUs
Chapter 2: CMS and RVU Considerations
Chapter 3: RVUs and Productivity
Chapter 4: RVUs and Compensation
Chapter 5: Utilizing RVUs in Practice Management
Chapter 6: Increasing Productivity With RVU Management
Chapter 7: The Future of RVUs -- Conclusion and Summary
Max Reiboldt, CPA
President and CEO, Coker Group
For more than a decade, Max Reiboldt has led The Coker Group, one of the leading healthcare consulting firms in the US and abroad. He helps hospitals, medical practices, and other healthcare entities address issues from compensation to business and strategic planning, M&As, and operational assessments. A noted author, he has contributed to more than 50 books for physicians and medical practices.
Justin Chamblee, CPA, MAcc
Financial Services Manager, Coker Group
Justin Chamblee works with Coker Group clients in a variety of strategic and financial areas, mainly dealing with physician compensation and hospital-physician transactions. This includes the development and redesign of physician compensation plans for both private practices and hospital-employed settings as well as providing guidance to hospitals, physicians and legal counsel as to the appropriateness of transactions between a hospital and a physician.
SOURCE Greenbranch Publishing
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