Find and Use Financial Metrics that Increase Medical Practice Profits

Length: 60 minutes Expert: Debra Phairas, MBA

Unlike large practices that have a full-time Chief Financial Officer, you’re expected to keep track of all of the financial details that keep your practice running smoothly.

A lot rides on you getting it right; with tight profit margins, critical cash-flow needs, and expenses that can balloon out of control, there are no guarantees the numbers will work each week, month or quarter — unless you know how.

This is where healthcare financial expert Debra Phairas, MBA, can help. During her 60-minute online training session, she’ll provide you with the proven tactics and metrics she’s used at over 2,000 medical practices to transform their financial success. Debra’s training will provide you with plain English, real-world scenarios to help you (a non-financial professional) boost revenue and slash wasteful spending..

Here are just a few of the practical skills and workflow tools you’ll be able to leverage after taking advantage of this expert-led 60-minute online training:

      • Reduce your AR and improve cash flow with a few simple process changes
      • Implement the 4 KPIs you should be monitoring – but probably aren’t
      • Make better decisions with what profit/loss statements are really telling you
      • Eliminate write-offs and uncover your total potential reimbursement
      • Cut overhead and increase revenue using proven tactics that work
      • Use key metrics to make smarter staffing decisions
      • And do much more….

Here’s some good news: You already have much of the information you need to make more effective business decisions and improve the financial health of your medical practice. You just need to know where to find it — and how to use it.

By taking advantage of this online training, you’ll receive a step-by-step breakdown on financial indicators that can help your practice run more smoothly and be more profitable.

Who will benefit? ANY healthcare professional regardless of specialty, interested in maximizing the financial performance of their practice will benefit from this online training session. This includes Office Managers, Accounting, NPPs, Billing and Coding Leaders, Physicians, CFOs, etc.

Meet Your Expert

Debra Phairas
MBAPresident of Practice & Liability Consultants, LLC

Debra is President of Practice & Liability Consultants, LLC a nationally recognized firm specializing in practice management and malpractice prevention. Her background includes medical clinic administration and loss prevention management for NORCAL Mutual, a physician malpractice insurance carrier in Northern California.

Her consulting experience includes over 2,000 practices of all sizes and specialties. Typical engagements include: practice start-ups, practice assessments, mergers, financial analysis, revenue enhancement, overhead reduction, personnel management, over 450 practice valuations, expert witness, partnership issues and recruitment support for hospitals and physician groups.

She has presented seminars and lectures nationwide for state and local medical/dental associations, management organizations and specialty societies. Her BS is from Michigan State University and her graduate work at Golden Gate University San Francisco MBA Health Services Administration program.