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Financial Management

Financial Management Tools

This toolkit contains a series of spreadsheets intended to give you or your office manager templates for monitoring key financial indicators within your practice. These reports can be used for a variety of purposes and, if used wisely, can help you work smarter. The purpose is to condense, organize, and present critical information in the way you need it to run your practice and to make effective management decisions. Access the Toolkit

Billing & Collection Manual

This Billing and Collections Manual describes the different work functions involved in the reimbursement process and is organized based on the normal flow of this work. The Billing and Collection Manual requires a login and can only be accessed by ACP Members. Read the Manual

Coding Diagnostic & Improvement Module

This module presents a simple yet systematic methodology for first assessing the appropriateness of current coding and then undertaking an on-going improvement process designed to optimize future coding. Use the Module

Electronic Funds Transfer (EFT) Tool

Providers can now enroll in electronic funds transfer (EFT) with multiple payers simultaneously through this single, secure, online, FREE, process available from CAQH. Read more

Payment Model Evaluation Tools

AMA and RAND created two resources to help physician practices when evaluating bundled or episode-based and pay-for-performance agreements. Access Resources. (Note: Accessing these resources may require registration on the AMA site.)

Additional Resources

Below are a series of articles from ACP Internist that explore other ways to improve the financial performance of your practice.

Can't find what you need? Contact ACP's Department of Medical Practice

Prescribe Opioids Safely

Prescribe Opioids Safely

Access this FREE online educational program to help you safely prescribe opioids and manage patients with chronic pain. Online CME is available. Find out more.

Inspire the Next Generation of Medicine

Inspire the Next Generation of Medicine

Contribute to the ACP Education Fund and support our profession and the young minds starting their careers.

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