Document Detail


Budget variance analysis using RVUs.
MedLine Citation:
PMID:  10387247     Owner:  NLM     Status:  MEDLINE    
Abstract/OtherAbstract:
This article details the use of the variance analysis as management tool to evaluate the financial health of the practice. A common financial tool for administrators has been a simple calculation measuring the difference between actual financials vs. budget financials. Standard cost accounting provides a methodology known as variance analysis to better understand the actual vs. budgeted financial streams. The standard variance analysis has been modified by applying relative value units (RVUs) as standards for the practice.
Authors:
M F Berlin; M R Budzynski
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Publication Detail:
Type:  Journal Article    
Journal Detail:
Title:  Medical group management journal / MGMA     Volume:  45     ISSN:  0899-8949     ISO Abbreviation:  Med Group Manage J     Publication Date:    1998 Nov-Dec
Date Detail:
Created Date:  1999-06-01     Completed Date:  1999-06-01     Revised Date:  2000-12-18    
Medline Journal Info:
Nlm Unique ID:  8804124     Medline TA:  Med Group Manage J     Country:  UNITED STATES    
Other Details:
Languages:  eng     Pagination:  50-2     Citation Subset:  H    
Affiliation:
D.J. Sullivan and Associates, Ann Arbor, MI 48109, USA.
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MeSH Terms
Descriptor/Qualifier:
Accounting
Analysis of Variance
Budgets*
Cost Allocation / methods*
Financial Audit / methods
Group Practice / economics*
Insurance, Liability / economics
Relative Value Scales*
Salaries and Fringe Benefits
United States

From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine


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