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Overhead in Internal Med
Can you please provide me with a current benchmark for a practice’s overhead expense as a percentage of collected revenue for an internal medicine practice?
Question: Can you please provide me with a current benchmark for a practice’s overhead expense as a percentage of collected revenue for an internal medicine practice?
Answer: For internal medicine, the median total operating cost as a percent of net medical revenue is 54.87 percent, according to the Medical Group Management Association’s Cost Survey for Single-Specialty Practices: 2007 Report Based on 2006 Data.
Asset Protection and Financial Planning
December 6th 2021Asset protection attorney and regular Physicians Practice contributor Ike Devji and Anthony Williams, an investment advisor representative and the founder and president of Mosaic Financial Associates, discuss the impact of COVID-19 on high-earner assets and financial planning, impending tax changes, common asset protection and wealth preservation mistakes high earners make, and more.
