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Course Category - Management / Administration

Financial Benchmarking for the Ophthalmology Practice - FIN105

Cost: $9.99 |  COE Credits: 3.0 |  START COURSE |  PURCHASE COURSE


This course will provide an understanding of the value of using both internal and external benchmarks. Specific cautions are discussed so that the student will know how to use benchmarks appropriately, and explanations of billing, productivity, efficiency and overhead management benchmarks are provided, along with healthy ranges for comprehensive ophthalmology practices. Instruction regarding sources of data for individual practice benchmarks is also given.

This module will cover:

  • Benchmarking and Financial Reporting
  • Types of Benchmarking
  • Benchmark Cautions and Caveats
  • Benchmarks: Billing Measures
  • Benchmarks: Productivity Measures
  • Benchmarks: Staff Efficiency Measures
  • Benchmarks: Overhead Management Measures
  • Gathering Information

Upon completion of this course, the student will be familiar with the most common ophthalmology benchmarks and will be able to calculate their office’s ratios using their own practice-specific data and then to compare those results to healthy ranges.

This module will take approximately 2 hours to complete and consists of 16 pages.

3.0 hours COE credit

Derek Preece and Bruce Maller - BSM Consulting

After you have completed reviewing the materials in this course, you will be ready to take the test. When you complete the test, press the submit button. Your test will be instantly graded and your score will be displayed. You will be able to print your course completion certificate as well.

After you have taken the course test, we ask that you please fill out an evaluation form. Your responses are important to the ongoing quality of our offering.

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