Your passion as a physician is caring for patients, but to realize your calling, you need solid business skills. For practices to remain viable in today’s ever-changing payer and regulatory atmosphere, physicians need to have a grasp of fundamental business principles and how to control costs and increase revenue for their business.
Business skills like hiring and managing staff, developing and adhering to a budget, crafting administrative policies and procedures, monitoring expenses, and promoting the practice are vital but often elude physicians. Business Basics for Physicians guides you through these and more with a focus on:
- Accounting basics and financial management,
- Long-term and short-term business planning,
- Working with payers, and
- Using new technologies
Read this book to equip yourself with the knowledge and skills you need to ensure your practice’s longevity.
Released: March 1, 2014
Reviewed: March 1, 2017
Expires: March 1, 2020
This course is appropriate for physicians, nonphysician practitioners, and office staff in all specialties.
This program addresses the following desirable physician attributes:
- Patient Care and Procedural Skills
- Practice-based Learning and Improvement
- Interpersonal and Communication Skills
- Systems-based Practice
Upon completion of this enduring material, readers should be able to:
- Develop leadership skills and undertake the business responsibility of owning a practice;
- Summarize, monitor, and assess the revenue cycle; and
- Make decisions pertaining to managing an efficient medical practice.
The participant is required to read the course in its entirety and complete an online test and course evaluation to obtain credit.
No refunds or exchanges will be processed for this product.
The Physicians Foundation