VANCOUVER, WA, October 14, 2013 –The MGMA Performance and Practices of Successful Medical Groups: 2013 Report Based on 2012 Data identified Rebound Orthopedics & Neurosurgery as a “better performer” because of superior operational performance compared with similar medical group practices nationwide.
Rebound received this recognition in several key areas: Profitability and Cost Management, Productivity Capacity and Staffing, Accounts Receivable and Collections, and Patient Satisfaction. Rebound had several internal initiatives focused on managing costs, improving collection times, and increasing patient satisfaction.
“We’re at a critical time in healthcare, where cost efficiency and patient satisfaction are paramount. It’s gratifying to see that our efforts have shown actual results,” Said Rebound CEO, David Bennett. “Our administrative team and board have worked tirelessly to find solutions that have proven beneficial for the practice and our patients. We are pleased to be acknowledged for this success.”
The MGMA report, a benchmarking standard among medical groups for more than a decade, was produced using data from respondents to the MGMA Cost Survey: 2013 Report Based on 2012 Data as well as data from a questionnaire that assessed management behaviors, practices and procedures of better performers. The report profiles medical practices that have demonstrated success in one or more areas: profitability and cost management; productivity, capacity and staffing; accounts receivable and collections; and patient satisfaction.
About Rebound Orthopedics and Neurosurgery
Rebound is the most complete Orthopedic and Neurosurgery clinic in Portland and southwest Washington with offices at PeaceHealth Southwest Medicine Center, Legacy Salmon Creek, and Portland’s Rose Quarter. Rebound’s physicians are all board certified or board eligible with fellowship training in all areas of orthopedics, neurosurgery, physical medicine and rehabilitation, sports medicine, and hand surgery.
The Medical Group Management Association (MGMA) helps create successful medical practices that deliver the highest-quality patient care. As the leading association for medical practice administrators and executives since 1926, MGMA helps improve members’ practices through exclusive member benefits, education, resources, news, information, advocacy, and networking opportunities, and produces some of the most credible and robust medical practice economic data and data solutions in the industry. Through its industry-leading ACMPE board certification and Fellowship programs, MGMA advances the profession of medical practice management.
Through its national membership and 50 state affiliates, MGMA represents more than 33,000 medical practice administrators and executives in practices of all sizes, types, structures and specialties. MGMA is headquartered in Englewood, Colo., with a Government Affairs office in Washington, D.C.