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    Chart of Accounts, 6th Edition

    David N. Gans, MSHA, FACMPE
    Steven Andes, PhD, CPA
    Robert J. Gold, MS, CPA

    Book

    ISBN: 9781568294452

    SKU: 8811

    Non-Member Price$50.00

    Member Price$20.00

    eBook

    SKU: E8811

    Non-Member Price$50.00

    Member PriceFREE

    Formats:

    Book
    Non-Member Price:

    $50.00

    Member Price:

    $20.00

    eBook
    Non-Member Price:

    $50.00

    Member Price:

    FREE


    Description

    The practice’s chart of accounts is the basis for all accounting information recorded in its financial records. In order to produce the accurate and detailed reports needed for management decision-making, you need a chart of accounts designed to meet the unique needs of a medical practice.

    The 6th edition of the MGMA Chart of Accounts has the accounting structure you need to:

    • Account properly for the unique revenue sources and expenses of a medical group practice
    • Complete the MGMA Cost Survey questionnaire
    • Record value-based payments made by governmental and commercial insurers
    • Record non-patient revenues and their related expenses to determine profitability for these other revenue sources
    • Track depreciation by type of asset and to record capitalized leases
    • Track the specific components of compensation for physician owners and employed physicians
    • Reduces the opportunity for error or fraud because it includes internal checks
    • Track facility fee billing and accounting
    • Track revenue and expenses related to clinical research trials
    • Use accrual accounting methods for management but cash accounting for income tax reporting and other purposes

    Table of Contents

    Chapter 1: Role of the Chart of Accounts in a Medical Group Accounting System
    Chapter 2: Structure of the MGMA Chart of Accounts
    Chapter 3: How Many Accounts Does Your Practice Need?
    Chapter 4: Implementing the MGMA Chart of Accounts

    MGMA Chart of Accounts Version 6.1 for Practices with Extensive Financial Information Needs
    MGMA Chart of Accounts Version 6.2 for Practices with Normal Financial Information Needs


    Shipping Information

    Member Pricing: 
    MGMA members enjoy FREE standard shipping on all purchases. 

    Standard and express shipping options are available to customers:
    Standard shipping:
    $9.50 (5-7 business days)
    Two-day shipping: $20.00
    Overnight shipping: $25.00 (excludes Saturday delivery)

    Please call the MGMA Service Center for an international shipping quote.
    Toll-free:
    877.275.6462, ext. 1888
    Email: service@mgma.com


    Accessing Your eBook

    After purchasing an MGMA eBook, your files will be available in your account for easy access at any time.

    To access your eBook:
    • Sign in to your MGMA account
    • Visit My Dashboard
    • Download your eBook from your Digital Library

    eBooks are provided in standard formats (such as PDF and EPUB) and can be read on most computers, tablets, and mobile devices using your preferred eReader app. Format availability varies by title.


    Details

    You will receive two bonus downloads with purchase of this printed book. Look for the files in the Digital Library of your My Dashboard


    Refund Policy

    All eBook purchases are non-refundable due to the immediate access and downloadable nature of digital content.

    Contact the MGMA Service Center for print purchase refunds, assistance with accessing or downloading your eBook, or any general questions:
    Toll-free:
    877.275.6462, ext. 1888
    Email: service@mgma.com


    David N. Gans

    Written By

    David N. Gans, MSHA, FACMPE

    David Gans, MSHA, FACMPE, is a national authority on medical practice operations and health systems for the Medical Group Management Association (MGMA), the national association for medical practice leaders. He is an educational speaker, authors a regular Data Mine column in MGMA Connection magazine and is a resource on all areas of medical group practice management for association members. Mr. Gans retired from the United States Army Reserve in the grade of Colonel, is a Certified Medical Practice Executive and a Fellow in the American College of Medical Practice Executives.


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