What data sources are needed to complete the survey?

In order to complete the annual Benchmarking survey, you will need the following information:
  • Electronic Medical Record, Practice Management System, or Billing System
    • Provider Details (NPI numbers, practice specialty, partner status, FTE status)
    • Production by Provider
      • Gross Charges by type of service (surgery, office, office procedures)
      • Net Collections by type of service (surgery, office, office procedures)
      • Work RVUs
      • Patient visits
    • Production by Payer mix (gross charges, contractual adjustments, net collections)
    • A/R Aging (patient and insurance balances)

 

  • Provider Compensation Records and Tax Forms
    • Compensation Data by Individual
      • W-2 Forms
      • Schedule E (Form 1040) – Partnerships and S Corporations
      • Schedule K-1 (Form 1120S) – Shareholders in a Corporation
      • Schedule C (Form 1040) – Sole Proprietorships
    • Earnings from ASC, Real Estate, and Hospital by Individual Physician
    • Recruitment Data (starting salary, signing bonus, assistance provided)

 

  • Payroll, Accounts Payable, and/or General Ledger System
    • Chart of Accounts/Profit and Loss Statement
      • Orthopaedics (professional component)
      • Ancillary services (X-Ray, MRI, PT/OT, DME, and Other Ancillaries)
    • Revenue (direct and indirect)
    • Practice Administrator and Senior Executive Compensation by Individual
      • Position/title
      • Base and bonus compensation
      • Benefit amounts (pension, health insurance, disability insurance, life insurance, car allowance, professional development)
    • Employee FTE and Compensation by Department
      • Position/title (designate as revenue generating or not)
      • FTE Status
      • Salaries and wages
      • Employment taxes
      • Employee benefits
    • Non-Staff Expenses/Overhead by Department

 

  • Building and Equipment Information
    • Facility lease and layout drawings
    • Individual ancillary data
      • Number of imaging machines
      • Square footage