You will find it beneficial to divide them into fixed costs and variable costs , and identifying the excessive costs is the first priority, in order to optimize your practice's income by lowering them. Our Financial Assistant has been developed to prepare physicians, hospitals, and other health care professionals to evaluate their practice as it currently operates. Our user friendly software can help health professionals with their practices, by keeping track of, storing and providing summaries of valuable information that are essential with the upcoming changes in the health care industry. This will enable you to evaluate expenses as well as help put capitation policies into perspective for your specialty and region. With this software you are able to input multiple expenses, in any combination of fixed and variable costs, into an Expense Report where you can set a default amount for each entry.
Net profitability is automatically and continuously recalculated with each new entry.
A Capitation Report can then be viewed on screen or printed. Armed with this innovative software from MK Diagnostics, Inc. will give any concerned practitioner the information necessary for understanding the details of your own practice. And preparing you to evaluate costs and to make sure that you are capable of managing a capitated practice before stepping into it. By being prepared, for the coming health care changes you can be confident and in control of your practice's future and your patients well-being. This is only a tool to assist in the financial analysis of your managed care organization.