Sample Medical Practice Budget
Comments
Content
Sample Practice
OPERATING BUDGET FOR 2012
JAN
INCOME
Professional Fees
Other Revenue
Patient Refunds
Refund Insurance Companies
EXPENSES
Salaries-Physician Owners
Payroll Taxes-FICA Physician
Payroll Taxes-FUTA Physcian
Payroll Taxes-SUTA Physician
Insurance-Physician
Dues, Memberships, License Fees
Meetings & Travel-Physician
Meals & Entertainment-Physician
Salaries-Primary Care Providers
Salaries-Medical Support
Salaries-Administrative
Payroll Taxes-FICA Staff
Payroll Taxes-FUTA Staff
Payroll Taxes-SUTA Staff
Insurance Staff
Pension & Retirement Benefits
Meetings & Travel-Staff
Supplies-Drugs & Medications
Supplies-Medical
Supplies-Administrative
Supplies-Medical Forms
Supplies-Housekeeping/Maintenance
Supplies-Computer
Laboratory Services
Rent-Buildings
Utilities
Rent/Lease-Furniture & Equipment
Depreciation-Medical Equipment
Depreciation-Laser Equipment
Depreciation-Office Equipment
Depreciation-Computer Equipment
Franchise Tax
Property Taxes
Maint/Repair-Furniture & Equipment
Accounting Services
Legal Services
Recruitment
Employee Development & Training
Employee Relations
Uniforms & Laundry
General Liability Insurance-G&A
Professional Liability Insurance
Telephone/Internet Access
Postage & Freight
Printing
Books & Subscriptions
Marketing
Amortization
Bank Fees
Interest Expense
NET INCOME
$ 3,958,456.20
24,000.00
(23,252.00)
(8,088.00)
20,040.00
8,940.00
48,768.00
149,508.54
18,960.00
7,908.00
948.00
5,172.00
10,020.00
245,220.00
1,656.00
137,309.52
21,204.00
12,912.00
5,400.00
2,580.00
10,380.00
2,436.00
59,616.00
13,380.00
28,500.00
9,300.00
31,560.00
13,620.00
73,656.00
FEB
APR
MAY
JUNE
JULY
AUG
SEPT
OCT
NOV
DEC
329,871.35
2,000.00
(1,937.67)
(674.00)
329,259.68
329,871.35
2,000.00
(1,937.67)
(674.00)
329,259.68
329,871.35
2,000.00
(1,937.67)
(674.00)
329,259.68
329,871.35
2,000.00
(1,937.67)
(674.00)
329,259.68
329,871.35
2,000.00
(1,937.67)
(674.00)
329,259.68
329,871.35
2,000.00
(1,937.67)
(674.00)
329,259.68
329,871.35
2,000.00
(1,937.67)
(674.00)
329,259.68
329,871.35
2,000.00
(1,937.67)
(674.00)
329,259.68
329,871.35
2,000.00
(1,937.67)
(674.00)
329,259.68
329,871.35
2,000.00
(1,937.67)
(674.00)
329,259.68
329,871.35
2,000.00
(1,937.67)
(674.00)
329,259.68
218,692.31
13,140.64
112.00
235.20
2,860.24
900.00
1,670.00
745.00
5,007.69
33,228.15
21,106.22
4,539.67
474.74
598.17
4,024.41
8,242.70
500.00
4,064.00
12,459.04
1,580.00
659.00
79.00
431.00
835.00
20,435.00
138.00
11,442.46
3,170.63
2,627.47
2,974.75
3,563.72
57,692.31
836.54
57,692.31
836.54
57,692.31
836.54
57,692.31
836.54
86,538.46
1,254.81
57,692.31
836.54
57,692.31
836.54
57,692.31
836.54
57,692.31
836.54
86,538.46
1,254.81
57,692.31
836.54
1,350.52
584.00
1,670.00
745.00
5,007.69
33,228.15
21,106.22
4,539.67
435.82
598.17
4,134.51
1,767.70
3,000.00
4,064.00
12,459.04
1,580.00
659.00
79.00
431.00
835.00
20,435.00
138.00
11,442.46
3,170.63
2,627.47
2,974.75
3,563.72
1,863.07
485.00
1,670.00
745.00
5,007.69
33,352.55
21,248.22
4,560.05
257.47
600.85
4,134.51
1,778.36
500.00
4,064.00
12,459.04
1,580.00
659.00
79.00
431.00
835.00
20,435.00
138.00
11,442.46
3,170.63
2,627.47
2,974.75
3,563.72
2,234.54
600.00
1,670.00
745.00
5,007.69
33,352.55
21,332.25
4,566.48
123.23
456.32
4,134.51
1,780.65
500.00
4,064.00
12,459.04
1,580.00
659.00
79.00
431.00
835.00
20,435.00
138.00
11,442.46
3,170.63
2,627.47
2,974.75
3,563.72
750.00
1,350.52
408.00
1,670.00
745.00
5,007.69
33,609.53
21,341.13
4,586.81
49.83
421.15
4,134.51
1,786.73
500.00
4,064.00
12,459.04
1,580.00
659.00
79.00
431.00
835.00
20,435.00
138.00
11,442.46
3,170.63
2,627.47
2,974.75
3,563.72
3,599.19
953.50
1,670.00
745.00
7,511.54
50,580.79
32,011.70
6,892.96
33.70
296.73
3,385.88
2,680.09
500.00
4,064.00
12,459.04
1,580.00
659.00
79.00
431.00
835.00
20,435.00
138.00
11,442.46
3,170.63
2,627.47
2,974.75
3,563.72
2,234.54
535.00
1,670.00
745.00
5,007.69
33,720.53
21,341.13
4,595.31
22.47
76.99
4,134.51
2,048.39
500.00
4,064.00
12,459.04
1,580.00
659.00
79.00
431.00
835.00
20,435.00
138.00
11,442.46
3,170.63
2,627.47
2,974.75
3,563.72
1,350.52
580.00
1,670.00
745.00
5,007.69
33,720.53
21,420.63
4,601.39
8.08
43.35
4,134.51
2,051.57
500.00
4,064.00
12,459.04
1,580.00
659.00
79.00
431.00
835.00
20,435.00
138.00
11,442.46
3,170.63
2,627.47
2,974.75
3,563.72
1,863.07
225.00
1,670.00
745.00
5,007.69
33,834.53
21,562.12
4,620.93
8.08
28.66
4,134.51
2,055.83
500.00
4,064.00
12,459.04
1,580.00
659.00
79.00
431.00
835.00
20,435.00
138.00
11,442.46
3,170.63
2,627.47
2,974.75
3,563.72
2,234.54
1,695.00
1,670.00
745.00
5,258.08
34,066.30
21,886.17
4,682.61
8.08
28.66
4,134.51
2,088.08
500.00
4,064.00
12,459.04
1,580.00
659.00
79.00
431.00
835.00
20,435.00
138.00
11,442.46
3,170.63
2,627.47
2,974.75
3,563.72
1,350.52
1,135.00
1,670.00
745.00
7,887.12
51,707.37
32,829.26
7,070.42
12.12
43.00
3,385.88
3,156.43
500.00
4,064.00
12,459.04
1,580.00
659.00
79.00
431.00
835.00
20,435.00
138.00
11,442.46
3,170.63
2,627.47
2,974.75
3,563.72
7,849.19
1,085.00
1,670.00
745.00
10,258.08
59,077.32
35,378.92
8,010.64
9.68
39.16
4,134.51
82,839.04
500.00
4,064.00
12,459.04
1,580.00
659.00
79.00
431.00
835.00
20,435.00
138.00
11,442.46
3,170.63
2,627.47
2,974.75
3,563.72
1,767.00
800.00
1,076.00
450.00
215.00
865.00
203.00
-
1,767.00
6,000.00
1,076.00
450.00
215.00
865.00
203.00
-
1,767.00
9,200.00
1,076.00
450.00
215.00
865.00
203.00
-
1,767.00
4,700.00
1,076.00
450.00
215.00
865.00
203.00
-
1,767.00
700.00
1,076.00
450.00
215.00
865.00
203.00
-
3,100.00
1,767.00
1,325.00
1,076.00
450.00
215.00
865.00
203.00
-
1,767.00
700.00
1,076.00
450.00
215.00
865.00
203.00
-
1,767.00
700.00
1,076.00
450.00
215.00
865.00
203.00
-
1,767.00
700.00
1,076.00
450.00
215.00
865.00
203.00
-
3,272.00
700.00
1,076.00
450.00
215.00
865.00
203.00
-
8,132.00
1,767.00
1,450.00
1,076.00
450.00
215.00
9,865.00
203.00
-
4,968.00
1,115.00
2,375.00
775.00
4,778.00
2,630.00
1,135.00
6,138.00
409,826.20
4,968.00
1,115.00
2,375.00
775.00
2,420.00
2,630.00
1,135.00
6,138.00
233,287.36
4,968.00
1,115.00
2,375.00
775.00
4,778.00
2,630.00
1,135.00
6,138.00
236,880.68
4,968.00
1,115.00
2,375.00
775.00
16,070.00
2,630.00
1,135.00
6,138.00
244,723.13
4,968.00
1,115.00
2,375.00
775.00
4,778.00
2,630.00
1,135.00
6,138.00
227,788.83
4,968.00
1,115.00
2,375.00
775.00
2,420.00
2,630.00
1,135.00
6,138.00
293,670.42
4,968.00
1,115.00
2,375.00
775.00
4,778.00
2,630.00
1,135.00
6,138.00
228,809.48
4,968.00
1,115.00
2,375.00
775.00
2,420.00
2,630.00
1,135.00
6,138.00
225,653.19
4,968.00
1,115.00
2,375.00
775.00
4,778.00
2,630.00
1,135.00
6,138.00
228,433.34
17,417.00
700.00
1,076.00
450.00
215.00
1,365.00
203.00
8,000.00
16,039.00
4,968.00
1,115.00
2,375.00
775.00
2,420.00
2,630.00
1,135.00
6,138.00
269,005.95
4,968.00
1,115.00
2,375.00
775.00
4,778.00
2,630.00
1,135.00
6,138.00
294,439.45
4,968.00
1,115.00
2,375.00
775.00
6,420.00
2,630.00
1,135.00
6,138.00
383,298.45
$ (80,566.52) $ 95,972.32
$ 92,379.00
$ 84,536.55
$ 101,470.86
$ 35,589.26
$ 100,450.21
$ 103,606.50
$ 100,826.34
$ 60,253.74
$ 34,820.24
Dividends
Net Cash after Dividends
MAR
$36,000.00
$ (80,566.52) $ 95,972.32
$ 56,379.00
$150,000.00
$36,000.00
$ 84,536.55
$ 101,470.86
$
(410.74) $ 100,450.21
$36,000.00
$ 103,606.50
$ 64,826.34
TOTAL
329,871.35 $ 3,958,456.20
2,000.00
24,000.00
(1,937.67)
(23,252.00)
(674.00)
(8,088.00)
329,259.68
3,951,116.20
911,000.00
23,179.12
112.00
235.20
30,140.46
9,185.50
20,040.00
8,940.00
70,976.35
463,478.28
292,563.97
63,266.92
1,443.28
3,231.20
48,006.76
112,275.56
8,500.00
48,768.00
149,508.54
18,960.00
7,908.00
948.00
5,172.00
10,020.00
245,220.00
1,656.00
137,309.52
38,047.56
31,529.64
35,697.00
42,764.64
750.00
11,232.00
38,359.00
27,675.00
12,912.00
5,400.00
2,580.00
19,880.00
2,436.00
8,000.00
16,039.00
59,616.00
13,380.00
28,500.00
9,300.00
60,838.00
31,560.00
13,620.00
73,656.00
3,275,816.48
$ (54,038.77) $ 675,299.72
$36,000.00 $ 144,000.00
$ 60,253.74
$ 34,820.24
$ (90,038.77) $ 531,299.72
$100,000.00
$50,000.00
$JAN
$(50,000.00)
$(100,000.00)
FEB
MAR
APR
MAY
JUNE
JULY
AUG
SEPT
OCT
NOV
DEC
%
100.19%
0.61%
-0.59%
-0.20%
100.00%
23.06%
0.59%
0.00%
0.01%
0.76%
0.23%
0.51%
0.23%
1.80%
11.73%
7.40%
1.60%
0.04%
0.08%
1.22%
2.84%
0.22%
1.23%
3.78%
0.48%
0.20%
0.02%
0.13%
0.25%
6.21%
0.04%
3.48%
0.96%
0.80%
0.90%
1.08%
0.02%
0.28%
0.97%
0.70%
0.33%
0.14%
0.07%
0.50%
0.06%
0.20%
0.41%
1.51%
0.34%
0.72%
0.24%
1.54%
0.80%
0.34%
1.86%
82.91%
17.09%
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