Summary
This document is a reference guide that provides definitions related to various data sets used for benchmarking against the MGMA data. It includes specific definitions for provider compensation data sets, such as starting salary, on-call compensation, and procedural profile data sets. The guide also outlines benchmark definitions, including accounts receivable, collections, and payer mix, detailing how these metrics are calculated and what they encompass. Additionally, it presents compensation benchmarks, benefits benchmarks, and charges and revenue benchmarks, explaining the components that contribute to each metric. The document serves as a comprehensive resource for understanding the terminology and calculations involved in MGMA data, which is essential for accurate benchmarking in healthcare practices. The definitions are organized systematically, allowing users to easily navigate through the various aspects of the data.
