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Excelsior Orthopaedics achieves MGMA ‘better performer’ status |
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Receives recognition from Medical Group Management Association |
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February 04, 2009 |
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The "Medical Group Management Association (MGMA) Performance and Practices of Successful Medical Groups: 2008 Report Based on 2007 Data" identified Excelsior Orthopaedics as a 'better performer' because of superior operational performance compared with similar medical group practices nationwide. Excelsior Orthopaedics excelled in the area of Accounts Receivable and Collections.
The MGMA report, a benchmarking standard among medical groups for nearly a decade, was produced using data from respondents to the MGMA Cost Survey: 2008 Reports Based on 2007 Data as well as data from a questionnaire that assessed management behaviors, practices and procedures of better performers. The report profiles medical practices that have demonstrated success in one or more areas: profitability and cost management; productivity, capacity and staffing; accounts receivable and collections; patient satisfaction; and managed care operations.
MGMA is the premier membership association for professional administrators and leaders of medical group practices. Since 1926, MGMA has delivered networking, professional education and resources, and political advocacy for medical practice management. Today, MGMA’s 22,500 members lead 13,700 organizations nationwide in which some 275,000 physicians provide more than 40 percent of the health care services delivered in the United States.
MGMA’s mission is to continually improve the performance of medical group practice professionals and the organizations they represent. MGMA promotes the group practice model as the optimal framework for health care delivery, assisting group practices in providing efficient, safe, patient-focused and affordable care. MGMA is headquartered in Englewood, Colo., and maintains a government affairs office in Washington, D.C. www.mgma.com
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