Basic Practice Cost Analysis
Pricing: Member: $20.00 NonMember: $26.00 Junior Member: $5.00
This activity is part of the Pathology Business Fundamentals learning series. Save 10% when you purchase all of the courses in this series together. Below are the courses included in the series. Click here to review and purchase all courses in the series.
- Analysis and Interpretation of Billing Reports
- Basic Budget Development
- Basic Contracting and Fee Analysis
- Basic Practice Cost Analysis
- Capacity Management and Workflow Planning
- Fundamentals of Revenue Cycle Management
- How Pathology Practices Get Paid
- Relative Value Units: Understanding the Basics
Intended Audience
This practice management activity is intended for practice managers and pathologists with three to five years’ experience.
Description
In this activity, you will apply a systematic approach to define practice costs. The same method can be repeated in different areas of the practice to develop a practice-wide cost structure.
Objectives
After completing this activity, you should be able to:
- Understand a basic model to calculate costs.
- Determine individual cost per test.
- Know how to determine supply and labor costs.
- Learn how to manage your profitability.
Authors/Faculty
Anthony Battistone, BS, CSPPM, CSSGB
Patricia L. Hughey, BA
Susan Belinda Kern, MD
Brian Le, MD, FCAP
Karim E. Sirgi, MD, MBA, FCAP
Al Harrison Sirmon
Patrick A. Wilson, MD
CME/CE Information
Accreditation: The College of American Pathologists (CAP) is accredited by the Accreditation Council for Continuing Medical Education (ACCME) to provide continuing medical education for physicians.
CME Category 1: The College of American Pathologists designates this internet enduring material educational activity for a maximum of 0.50 AMA PRA Category 1 Credit™. Physicians should claim only the credit commensurate with the extent of their participation in the activity.
CE (Continuing Education for nonphysicians): The CAP designates this educational activity for a maximum of 0.50 credit(s) of continuing education. Participants should claim only the credit commensurate with the extent of their participation in the activity.
This activity is approved for continuing education credit in the states of California and Florida.
The American Society for Clinical Pathology (ASCP) Board of Certification (BOC) Certification Maintenance Program (CMP) accepts this activity to meet the continuing education requirements.
Disclosure
Below, you will find the financial disclosure relationships for anyone who was able to affect the content of this educational activity.
The CAP mitigates all the relevant financial relations listed for these individuals.
The following authors/planners/reviewers have no financial interests/relationships to disclose:
Anthony Battistone, BS, CSPPM, CSSGB
Patricia L. Hughey, BA
Susan Belinda Kern, MD
Brian Le, MD, FCAP
Karim E. Sirgi, MD, MBA, FCAP
Al Harrison Sirmon
Patrick A. Wilson, MD
The following authors/planners/reviewers have financial interests/relationships to disclose:
None
The following In-Kind Support has been received for this activity:
None
The following Commercial Support has been received for this activity:
None
Payment Information
To pay with a check, print a copy of this page and send it with your check to the address below. You will be notified when your payment has been processed and you have been registered into the activity.
College of American Pathologists
CAP Learning
325 Waukegan Road
Northfield, IL 60093-2750
Refund Policy
Refunds will be handled on an exception basis. Please submit your request to the CAP in writing via email at education@cap.org or fax at 847-832-8006.
Technical Requirements
Pop-up blockers must be turned off.
The CAP recognizes that some Veteran’s Administration, US Government, and military participants may have difficulty accessing the online activity. If you experience difficulty or have any questions, please contact a representative of the Customer Contact Center at 800-323-4040 option 1 or education@cap.org.
Availability
This activity and evaluation are available September 26, 2022 - September 25, 2025, at 11:59 PM (CT). Upon completion of the activity your credit will be awarded. Your certificate may be downloaded from your Transcript.
CC: PBFCOSANA09W.2022
Key Words: N/A
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Available Credit
- 0.50 AMA PRA Category 1 Credit™
- 0.50 CE
- 0.50 Lifelong Learning
Price
Pricing: Member: $20.00 NonMember: $26.00 Junior Member: $5.00
Payment Information
To pay with a check, print a copy of this page and send it with your check to the address below. You will be notified when your payment has been processed and you have been registered into the activity.
College of American Pathologists
CAP Learning
325 Waukegan Road
Northfield, IL 60093-2750
Refund Policy
Refunds will be handled on an exception basis. Please submit your request to the CAP in writing via email at education@cap.org or fax at 847-832-8006.
Technical Requirements
Pop-up blockers must be turned off.
The CAP recognizes that some Veteran’s Administration, US Government, and military participants may have difficulty accessing the online activity. If you experience difficulty or have any questions, please contact a representative of the Customer Contact Center at 800-323-4040 option 1 or education@cap.org.
Availability
This activity and evaluation are available September 26, 2022, and expire September 25, 2025, at 11:59 PM (CT). Upon completion of the activity your credit will be awarded. Your certificate may be downloaded from your Transcript.