PubMed · 10145549
Budget model can aid group practice planning.
Abstract
A medical practice can enhance its planning by developing a budgetary model to test effects of planning assumptions on its profitability and cash requirements. A model focusing on patient visits, payment mix, patient mix, and fee and payment schedules can help assess effects of proposed decisions. A planning model is not a substitute for planning but should complement a plan that includes mission, goals, values, strategic issues, and different outcomes.
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A D Bender. 1991. Budget model can aid group practice planning.. https://pubmed.ncbi.nlm.nih.gov/10145549/
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