Search research articles

Search research articles

Related Experiment Videos

How to avoid common overhead allocation mistakes.

D P Tarantino¹

¹University of Maryland School of Medicine, Baltimore, Md., USA. tdoc5@aol.com

Physician Executive

|January 5, 2002

Summary

This summary is machine-generated.

Related Concept Videos

You might also read

Related Articles

Articles linked to this work by shared authors, journal, and citation graph.

Sort by

Same author

Understanding financial statements.

Physician executive·2003

Same author

Anesthetic considerations in chest trauma.

Chest surgery clinics of North America·1997

Same author

Patient-administered alfentanil for wound dressing changes in a non-intensive care unit setting.

Anesthesia and analgesia·1995

Same author

Critical care management of the trauma patient.

International anesthesiology clinics·1993

Same author

Anesthesia considerations in thoracic trauma.

Seminars in thoracic and cardiovascular surgery·1992

ABOUT JoVE

Overview Leadership Blog JoVE Help Center

AUTHORS

Publishing Process Editorial Board Scope & Policies Peer Review FAQ Submit

LIBRARIANS

Testimonials Subscriptions Access Resources Library Advisory Board FAQ

RESEARCH

JoVE Journal Methods Collections JoVE Encyclopedia of Experiments Archive

EDUCATION

JoVE Core JoVE Business JoVE Science Education JoVE Lab Manual Faculty Resource Center Faculty Site

Terms & Conditions of Use

Physician practice overhead allocation can be complex. This guide identifies common errors in cost distribution and provides solutions for accurate financial management.

Area of Science:

Medical practice management
Healthcare finance

Background:

Physician practices face challenges in accurately allocating overhead costs.
Understanding cost distribution is crucial for financial viability.

Purpose of the Study:

To identify common errors in physician practice overhead allocation.
To provide actionable strategies for correcting these financial errors.

Main Methods:

Analysis of typical overhead allocation methodologies in medical practices.
Review of common pitfalls and inaccuracies in cost distribution.

Main Results:

Identified frequent mistakes in assigning shared costs to different services or departments.
Highlighted the impact of inaccurate allocation on profitability and decision-making.

Related Experiment Videos

Conclusions:

Implementing standardized and accurate overhead allocation is essential for physician practice financial health.
Correcting allocation errors can improve resource management and operational efficiency.