LBA Named To Business Journal 50

Posted July 30th, 2007

For the second time in three years, LBA has made the list of the top 50 fastest growing privately owned businesses in Northeast Florida.

 

We know this growth is a direct result of your sustained trust as you continue to do business with us and, in turn, refer your friends and colleagues. We would like to take this opportunity to sincerely thank you for your business. We value the relationships we have built with each and every one of you and look forward to working with you for many years to come.

 

LBA Healthcare Releases Salary Survey Results

Posted July 10th, 2007

LBA Healthcare Consulting Services, LLC has conducted its fifth semi-annual Salary & Benefits Survey for administrative and clinical positions within physician practices in Northeast Florida. This survey serves as a valuable resource to hundreds of local practices and acts as a benchmark when reviewing salaries and benefits for staff members and planning budgets for the upcoming year.

 

This year’s results reveal that 64% of respondents have a bonus program in place for their employees. This can be accredited to the constantly changing healthcare environment and the competitive nature of physician billing and collection issues due to the many changes in insurance payments over recent months. Physicians may have learned that providing appropriate incentives to their staff can result in more efficient billing and collection activities.

 

With health insurance costs experiencing a plateau over the last couple of years, 90% of the responding practices now offer their employees a health insurance plan, but only 46% offer a plan that covers the families of their employees.  Similarly, 64% of the respondents offer an employee dental plan, while only 39% offer a family dental plan.

 

This year’s survey saw several increases in salaries for administrative and clinical positions within Northeast Florida. Practice Administrators experienced an average $5.61 per hour increase; Billing Supervisors, $4.44 and Registered Nurses, $2.27. This representation could be attributed to the types of practices that responded to this year’s survey, as several respondents were highly specialized practices.

 

Participants in the survey received a copy of the results at no charge.  Additional copies may be obtained through LBA at a cost of $50.00. To obtain a copy, please call (904) 396.4015.