Financial Management in the Healthcare Industry Week IV. HCM 302. -Practice Exam III (Answers) -Group Project Class work -Debate Physician Shortage - HC Youtube -Midterm. Week IV Outline. Group Project 02/09/2012. HCM 302. 1- Dana 3- Deja 2-Theresa 4- Nancy
Financial Managementin the Healthcare Industry
Reports Directly to Finance Committee of the Board
Chief Financial Officer
Associate Financial Officer
Systems & Procedures
Credit and Collection
General Ledger Accounting
Investment and Debt Management
EMR = With Standardized Coding X Efficiency
Paper = Prior to EMR
Differential = EMR - Paper
-There are also concerns that the growing number of female GPs, many of whom work part-time because of family commitments, will lead to further shortfalls.
-Two thirds of trainee GPs are women and research by the Royal College of Physicians has found that women GPs will outnumber their male colleagues by 2013.
-Dr Sarah Wollaston, a Tory MP and former family doctor, said: “It creates all sorts of pressures as women take time out with family commitments. There is a real risk of a shortage
- Have less longevity than their male counterparts,
- Take more time off for maternity and family matters, and
- Work less hours and take less overnight call.
- Women students
At the start of 1970, women medical students in the class of 1971-72 comprised 13.7 percent of all physicians in-training. (1) At that time, some 50 percent of women doctors trained for hospital-based positions--radiology, pathology and anesthesiology.
They wanted a flexible lifestyle that would adapt to family needs. The number of women rose strongly by the decade: 30.8 percent in 1981-81 and 39.8 in 1991-92. In the year 2001-02, some 48 percent of students were women and the trend looks like it will go beyond 50 percent in the decade ahead.
But the demands of family life will have a price. Hospitals are already discounting the economic benefit of a female physicians labor at "point-eight" (0.8) of the full-time week of 60-plus hours of today's male physicians.