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How healthy is your practice's finances?
1.
How would you describe the current financial health of your practice?
Excellent — we are meeting or exceeding financial targets
Good — we are stable with minor concerns
Fair — we are managing but face ongoing challenges
Poor — we are struggling financially
2.
What is your practice's biggest financial challenge right now? (Select all that apply)
Rising operational costs (staffing, supplies, overhead)
Declining or stagnant reimbursement rates
High rate of claim denials
Slow accounts receivable or cash flow issues
Patient collections and bad debt
Administrative burden and staffing costs
3.
What percentage of your revenue comes from value-based care contracts?
None — we are fee-for-service only
Less than 25%
25% to 50%
More than 50%
Unsure
4.
How has your practice's revenue trended over the past 12 months?
Increased significantly (more than 10%)
Increased slightly (up to 10%)
Remained about the same
Decreased slightly (up to 10%)
Decreased significantly (more than 10%)
5.
On a scale of one to 10 (1=not very; 10=extremely), how satisfied are you with your current revenue cycle management process?
Not very
1 star
2 stars
3 stars
4 stars
5 stars
6 stars
7 stars
8 stars
9 stars
Extremely
10 stars
6.
How does your practice primarily handle revenue cycle management?
Entirely in-house
Primarily in-house with some outsourcing
Primarily outsourced to a third-party billing company
Fully outsourced
7.
What is your practice's average number of days in accounts receivable (A/R)?
Fewer than 30 days
30 to 45 days
46 to 60 days
More than 60 days
We do not track this metric
8.
Is your practice planning any of the following financial or structural changes in the next 12 months? (Select all that apply)
Renegotiating payer contracts
Expanding into new service lines or ancillary revenue
Investing in new billing or practice management technology
Considering a merger, acquisition, or affiliation
Reducing overhead or staff
No major changes planned
9.
On a scale of one to 10 (1=not very; 10=extremely), how concerned are you about the financial sustainability of your practice over the next three to five years? On a scale of 1 to 5
Not very
1 star
2 stars
3 stars
4 stars
5 stars
6 stars
7 stars
8 stars
9 stars
Extremely
10 stars
10.
Has the financial reality of running a practice made you regret not taking an employed position?
Yes, I regret it often
Sometimes, but I still value my independence
Rarely — the challenges are worth it
No, I have no regrets
I am employed or partially employed (not applicable)
11.
What would it take for independent practice to be financially viable long-term?
12.
What is your practice’s specialty?
Family medicine
Primary care
Pediatrics
Internal medicine
OB/GYN
Surgery
Cardiology
Other
13.
What type of practice do you operate?
Solo practice
Independent group practice
Owned by hospital/health system
VA or other government system
Other
14.
Number of physicians at practice?
1
2-5
6-10
11-25
26 or more
15.
In which region is your practice located?
Northeast
Midwest
South
West
