Middle East - Children's Encyclopedia (Ages 8-11) The Middle East is the region around the southern and eastern shores of the Mediterranean Sea. It includes the countries that are located where the continents of Europe, Asia, and Africa meet. Geographers and historians do not always agree on which countries should be included in the Middle East.
How to Benchmark: Once you have calculated your overhead rate, compare it with the median levels reported by peer practices in your specialty. For example, the Medical Group Management Association (MGMA) Cost Surveys report the specialty-specific overhead rates that can be used for benchmark comparison. For pediatric practices, the typical overhead rate approximates 60%; for orthopedic surgery practices, the overhead rate is lower, at 45%.
This statistic is impacted by the number of physicians in the group, their production, collection rate and payor mix, and the types of services provided. According to MGMA s 1999 Cost Survey, average operating overhead for OB/GYN practices is 50.68%.However, the survey indicates 8.88% of the surveyed practices charge volume is for Medicare and Medicaid.: The collection statistic that you refer to is typically known as a gross collection ratio or an unadjusted collection ratio. This ratio indicates the yield of your practice or what you collect for every dollar charged.