Manage the use of clinical data required in the various reimbursement methodologies
Medical Practice Valuation
Manage the use of clinical data required in the various reimbursement methodologies used across the continuum of health care delivery (charge master, case mix analysis, PPS, DRGs, APCs, RBRVS, and RUGs).
“How much is a practice worth?” This is a question many physicians, and practice managers will ask themselves at some point in their career.
To prepare for this assignment, watch the video “Valuation Considerations in the Healthcare Industry” provided here:
Here is the link for the video
https://youtu.be/TNDjOU706NU
You have been the practice manager of an outpatient clinic for five years. The practice is profitable, and the owners are ready to expand by purchasing another practice in the area. The owners have asked you to research and conduct a basic valuation of a prospective purchase: ABC Clinic.
In 1-2 pages, create a document outlining the steps you will take in the valuation process for ABC Clinic. Address the following concepts in your document – provide a brief summary for each, describing the information you will need to gather, and why, to complete the valuation:
Review of financial statements
Average collection period (ACP) from patient accounts
Reimbursement trends, patterns, etc.
Case-mix and patient types
Infrastructure and operational logistics
Audience: this is a reference document for yourself. However, you may share it with your practice owners as you collaborate on the purchase process. Formatting and wording should be professional and concise.
APA requirements: Title and reference pages, three sources, and in-text citations as appropriate.
Answer preview to Manage the use of clinical data required in the various reimbursement methodologies
APA
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