Abstract
In this chapter, the author discusses the world of budgets, profit and loss, and the use of metrics to monitor the success of a geriatric practice. The decision regarding using an outside billing service or taking billing in-house is discussed. The importance of appropriate coding is reviewed. The importance of putting together a budget and drilling down on both revenue and expenses is reviewed in detail. Other aspects like insurance mix, co-pays, and incentives are also discussed.
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© 2016 Springer International Publishing Switzerland
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Wasserman, M. (2016). By the Numbers. In: The Business of Geriatrics. Springer, Cham. https://doi.org/10.1007/978-3-319-28546-7_7
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DOI: https://doi.org/10.1007/978-3-319-28546-7_7
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Publisher Name: Springer, Cham
Print ISBN: 978-3-319-28544-3
Online ISBN: 978-3-319-28546-7
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