Product type:

AllBooksEventsOnline CoursesWebinarsPackages
Medical Group Management Association

Data Insights

Understand the past and present to propel your practice into the future.

Make informed decisions for your practice through insights and benchmarks from industry-leading data analysis, reports and surveys.

Demographics

* For the purpose of reporting the information in this questionnaire, what fiscal year was used?

Enter the beginning month, beginning year, end month and end year of your most recently completed fiscal year. Data reported for periods less than 12 months will not be eligible for submission. If your medical practice was involved in a merger or acquisition during the 2020 fiscal year and you cannot assemble 12 months of practice data, you may not be able to participate. Please contact Data Solutions at 877.275.6462, ext. 1895 or survey@mgma.com, if you are uncertain about your eligibility to participate.

*Beginning month: Enter the beginning month of your most recently completed fiscal year.
*Beginning year: Enter the year that your most recently completed fiscal year began.
*Ending month: Enter the ending month of your most recently completed fiscal year.
*Ending year: Enter the year that your most recently completed fiscal year ended.
 

How many branch/satellite clinics did your practice have, not counting the primary location?

The primary clinic location is the clinic with the most FTE physicians out of all the practice branches.
A branch or satellite clinic is a smaller clinical facility for which the practice incurs occupancy costs
such as lease, depreciation and utilities. A branch is in a separate location from the practice’s
principal facility. Merely having a physician practice in another location does not qualify that location
as a branch or satellite clinic. For example, if a physician sees patients in a hospital, this would not
normally be counted as a branch or satellite clinic unless the practice pays rent for the space.
 

Number of exam/treatment rooms?

Indicate the number of exam/treatment rooms located in the practice.
 

What was the gross square footage of all practice facilities?

The total number of finished and occupied square feet within outside walls for all the facilities (both administrative and clinical) that comprise the practice. Hallways, closets, elevators, stairways and other such spaces are included. For anesthesia practices, include any leased or rented administrative office space, regardless of whether it is inside or outside the hospital setting.
 

Does this practice/location rent or own its space?

Rent: A tenant who makes regular payments to a landlord for the use of property in which practice is located.

Own: The practice or hospital/IDS owns the space in which the practice is located
 

How many years has this practice/location been open?

Enter the number of years this practice/location has been open regardless of changes made to the name, ownership, organization structure, tax identification number (TIN), practice NPI etc.
 

What accounting method was used for tax reporting purposes?

Cash: An accounting system where revenues are recorded when cash is received and costs are recorded when cash is paid out. Receivables, payables, accruals, and deferrals arising from
operations are ignored. On a pure cash basis, long-lived (fixed) assets are expensed when acquired, leaving cash and investments as the only assets, and borrowings and payroll withholds as the only liabilities.

Accrual: An accounting system where revenues are recorded as earned when services are performed rather than when cash is received. Cost is recorded in the period during which it is incurred, that is, when the asset or service is used, regardless of when cash is paid. Costs for goods and services that will be used to produce revenues in the future are reported as assets and recorded as costs in future periods. The accrual system balance sheet includes not only the assets and liabilities from the cash basis balance sheet but also includes the receivables from patients, prepayments and deferrals of costs, accruals of costs and revenues, and payables to suppliers.
 

What accounting method was used for internal management purposes?

Cash: An accounting system where revenues are recorded when cash is received and costs are recorded when cash is paid out. Receivables, payables, accruals and deferrals arising from
operations are ignored. On a pure cash basis, long-lived (fixed) assets are expensed when acquired, leaving cash and investments as the only assets, and borrowings and payroll withholds as the only liabilities.

Modified Cash: An accounting system that is primarily a cash basis system, but allows the cost of long-lived (fixed) assets to be expensed through depreciation. The modified cash system recognizes inventories of goods intended for resale as assets. Under a modified cash system, purchases of buildings and equipment, leasehold improvements, and payments of insurance premiums applicable to more than one accounting period are normally recorded as assets. Costs for these assets are allocated to accounting periods in a systematic manner over the length of time the practice benefits from the assets.

Accrual: An accounting system where revenues are recorded as earned when services are performed rather than when cash is received. Cost is recorded in the period during which it is incurred, that is, when the asset or service is used, regardless of when cash is paid. Costs for goods and services that will be used to produce revenues in the future are reported as assets and recorded as costs in future periods. The accrual system balance sheet includes not only the assets and liabilities from the cash basis balance sheet but also includes the receivables from patients, prepayments and deferrals of costs, accruals of costs and revenues, and payables to suppliers.
 

Did your practice provide ancillary/supplementary services? Such services are those that are provided as part of, or are wholly owned by the practice.

Ancillary services are those services that supplement the routine (professional) services personally performed by the practice’s provider staff. Such services are billed under separate CPT codes and reimbursed separately, either by third-party payers and/or patients.

Advanced radiology: Examples of such services include but are not limited to mammography, CT, MRI, nuclear medicine, ultrasound, bone densitometry, cardiac catheterization lab, ECP, MRA, EMG, and EEG.

Aesthetics and cosmetic services: Examples of such services include but are not limited to Botox, laser hair removal, skin care, and vein removal.

Allergy/Asthma/Immunology: Examples of such services include allergy injections, pulmonary function tests, and vaccinations.

Ambulatory surgery center: An ambulatory surgery center (ASC) is specifically licensed to provide surgery services performed on a same-day outpatient basis, including endoscopy centers. Select if your practice or physicians owned or had financial interest in an ASC as part of, or wholly owned by the practice. Do not select if the ASC is a separate legal entity.

Audiology/Hearing Aid(s)/Center: Examples of such services include hearing aids and centers where audiology tests take place.

Clinical laboratory services: (tests of high complexity under CLIA): Select if your practice provided lab tests of high complexity as determined under CLIA. Do not select if your practice performed only tests of waived or moderate level complexity under CLIA.

Clinical research/drug studies: Select if your practice participated and provided services under a clinical/drug trial study or research program.

Complementary alternative medicine: Examples of such services include but are not limited to massage therapy, acupuncture, and acupressure.

Drug administration: Examples of such services include, but are not limited to, chemotherapy.

Durable Medical Equipment (DME): Examples of such products include but are not limited to hearing aids, orthotics, diabetic meters and supplies, aids to daily living, and orthopedic supplies.

General radiology: Examples of such services include general and routine X-rays.

Health education/counseling services: Select if your practice provided billable services for health education and guidance to patients related to diet, weight control, diabetes, physiological, and/or genetic counseling.

Optical shop: Select if your practice or physicians owned or had financial interest in an optical service shop. Do not select if that optical shop is a separate legal entity.

PT/OT/Cardiac rehabilitation: Examples of therapies and testing that pertain to these lines of services include biofeedback and phase II cardiac rehabilitation.

Radiation therapy: Examples of such services include but are not limited to radiotherapy and X-ray therapy.

Sleeping lab/center: Examples include sleep studies or polysomnogram.

Other: Indicate any other ancillary services provided by your practice in the space provided.
 

*Did your practice utilize a care team model?

ANESTHESIOLOGY PRACTICES ONLY

According to the American Society of Anesthesiologists, the care team model consists of anesthesiologists supervising qualified advanced practice anesthesia providers and/or resident physicians who are training in the provision of anesthesia care. The anesthesiologist may delegate patient monitoring and appropriate tasks to these advanced practice providers while retaining overall responsibility for the patient.

Members of the Anesthesia Care Team work together to provide the optimal anesthesia experience for all patients. Core members of the anesthesia care team include both physicians (anesthesiologist, anesthesiology fellow, anesthesiology resident) and advanced practice providers (anesthesiologist assistant, nurse anesthetist, anesthesiologist assistant student, student nurse anesthetist). Other healthcare professionals also make important contributions to the perianesthetic care of the patient.

To provide optimum patient safety, the anesthesiologist directing the Anesthesia Care Team is responsible for management of team personnel, patient pre-anesthetic evaluation, prescribing the anesthetic plan, management of the anesthetic, post-anesthesia care and anesthesia consultation.

X

Shopping Cart

Your cart is empty

Subtotal:
Click here if your organization is tax exempt
X

A State Sales tax exempt certificate must be on file and taxable items cannot be ordered online. For immediate assistance during normal business hours of 7:00am to 5:00pm MT M-Th and 7:00 am to Noon MT on Friday, please call toll-free: 877-275-6462, ext. 1888

X

Checkout

Use two letter code for US states
Use three letter code for country
Use two letter code for US states
Use three letter code for country

Grand Total:
Use two letter code for US states
Use three letter code for country
Saved credit card is required for opt-in to autorenew.

Questions? Contact the MGMA Service Center for assistance during checkout or review our return policy for more information.
X

Confirmation

,
,

Total:
Payment:
Balance:
 

Thank you for your purchase! If you purchased an event, you will be receiving a follow-up email from our Learning Management System regarding the product/event purchased and no further action is required.


Loading...