MGMA 2017 Annual Conference

Engaging Physicians in Financial Accountability (Room Ballroom A)

10 Oct 17
2:15 PM - 3:15 PM

Tracks: Financial Management

Payments to physicians account for only 20% of national healthcare expenditures, although they influence more than 80% of total spending. Despite the significant impact physicians and other providers have on the use (or misuse) of healthcare dollars, they aren't properly trained to manage finite resources. While half of graduating medical students don't receive adequate training on the economics of practicing medicine, 90% of physicians agree that business knowledge is important. The primary focus of this program is to impart practical "how to" knowledge, skills and abilities for managers to teach, coach and mentor their physicians to improve financial management and performance within the practice.