Clinic Startup 15: Financial Management
1 hour Audio and Power Point Presentation
Recorded September 25, 2015
This course is geared to new UCC operators or persons interested in opening a UCC. We will cover required financial information for a start-up as well as the three ways to improve your bottom line. They are increasing patient volume, increasing collections per patient visit and reducing operating expenses. These three strategies will help you reach break-even and profitability sooner.
- At the completion of the presentation the learner will be able to describe the three areas related to bottom line improvement
- At the completion of the presentation the learner will be able to describe at least five ways to improve patient volume
- At the completion of the presentation the learner will be able to describe at least five ways to increase per patient net revenue
- At the completion of the presentation the learner will be able to identify at least five ways to control operating expenses
- At the completion of the presentation the learner will be able to describe the relationship between patient volume, net revenue per visit and net operating cost per visit and their impact on the bottom line
Disclosures: The above faculty has no relevant financial relationships to disclose.
Martin Karpiel, MPA
Marty Karpiel, MPA, a former hospital COO built his first Urgent Care Center in 1982. Since 1986 he has been consulting with hospitals and physician groups in the areas of emergency medicine and urgent care. Mr. Karpiel has written over numerous articles on urgent care and spoken at a number of national seminars since 1986 on planning, developing and marketing urgent care. In 1995 Mr. Karpiel wrote a book Managed Care-Understanding the New Opportunities for the American College of Emergency Physicians. In addition to consulting for both start up and existing urgent care centers, Mr. Karpiel has ownership interest in two urgent care centers which he helped start from inception. Both clinics are very successful seeing 18,000 and 25,000 annual visits. This hands on experience makes Mr. Karpiel unique among urgent carte consultants.
The Urgent Care Association of America designates this enduring material activity for a maximum of 1 AMA PRA Category 1 Credit(s)TM. Physicians should claim only the credit commensurate with the extent of their participation in the activity.
This activity has been planned and implemented in accordance with the Essential Areas and Policies of the Accreditation Council for Continuing Medical Education. Credit for this course is good for 1 year after purchase.
Urgent Care Management Certificate
Earn 1 UCMC credit in Accounting & Finance by listening to this recorded session.
Submitting for Credit:
If you would like to submit for either of the credit above, once you complete the activity you must submit for credit you will need to complete the 5 question exam. You must answer 3 out of 5 correctly to receive credit. Your credit will be placed in your profile under Professional Development or click on "My Credits". Email email@example.com with questions.
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