SA FAMILY PRACTICE MANAGEMENT: Calculating your costs per visit.

Abstract

Do you know what it costs your practice to provide an adult physical, a well-child exam or an office procedure? A "unit cost analysis" will tell you that. KEY POINTS • Knowing the costs of your services can help you with setting fees, planning for the future and negotiating better rates with health plans. • A unit cost analysis does not require sophisticated computer systems or accounting training. • Family physicians can use a unit cost analysis to determine the true cost of providing an adult physical exam, a well-child visit, a particular procedure, etc. (Reprinted from: Family Practice Management April 2004 Copyright © American Academy of Family Physicians) Permission from the AAFP was granted to publish this article in the hardcopy only. Kindly refer to www.aafp.org or subscribe to the hardcopy of South African Family Practice.