Group practice accounting: up close and personal

There is a distinct need today for timely, consistent, and accurate accounting methods for tracking the financial health of modern medical group practice. For all but the largest groups, the personal computer is the answer. Personal computers are powerful, dependable, and inexpensive, and for accounting, cost projection, inventory control, word processing, and data base analysis, they can outperform all the alternatives and pay for themselves in one year or less. Given the profusion of products on the market, however, it is essential that careful consideration be given to the areas of cost, time, software, hardware, and applications when making a personal computer purchase.