Lessons for Financial Success

A free, easy-to-use guide for office administrators and physicians who manage their own practices but may not have a formal business background. The guide features essential knowledge for running a medical practice using examples of success stories from real organizations. Developed by the MGMA Center for Research.

Lessons for Financial Success is a leading resource to help you go from uncertainty to: 

  • Knowing where you measure up
  • Ensuring safety in your medical practice
  • Reducing waste
  • Improving efficiency
  • Passing savings to the bottom line


Download the entire guide


Chapter 1: Benchmarking Basics

Successful practices measure their performance and compare themselves to industry standards. After reading this chapter, you can too.

Chapter 2: Patient Safety and Quality

High quality patient safety practices serve your patients and prevent adverse events.

Chapter 3: Accounts Receivable and Collections

Learn effective accounts receivable and billing collections to maximize revenue.

Chapter 4: Profitability and Cost Management

From payer contracts to supply and budget planning, learn what it takes to make your practice profitable.

Chapter 5: Productivity, Capacity and Staffing

Learn how to staff your medical group, structure compensation and implement electronic health records.


Fully funded by the United Health Foundation.
Thanks to this project's advisory committee.


About the MGMA Center for Research
Questions about Lessons for Financial Success? Contact Dave Gans, 877.275.6462 x1270 dng@mgma.com

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