| Financial management of academic clinical departments. | |
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MedLine Citation:
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PMID: 7999180 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
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Based on their ten years of experience, the authors describe how they have organized and managed the financial resources in the department of medicine at the University of Maryland School of Medicine. They outline how to develop realistic budgets to best account for different sources of income and expenses and how to utilize subsidies and incentives to challenge division heads and faculty to administer their units efficiently and maximize income. The values of regular financial reports, of an annual retreat of the division heads, and of effective departmental administration to maintain financial stability and progress of are emphasized. Finally ,the authors explain why they favor a more open policy of sharing much of the department's financial information rather than restricting such data to leadership. |
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Authors:
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J A Kastor; P W Breault; R M McGuire |
Publication Detail:
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Type: Journal Article |
Journal Detail:
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Title: Academic medicine : journal of the Association of American Medical Colleges Volume: 69 ISSN: 1040-2446 ISO Abbreviation: Acad Med Publication Date: 1994 Dec |
Date Detail:
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Created Date: 1995-01-20 Completed Date: 1995-01-20 Revised Date: 2004-11-17 |
Medline Journal Info:
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Nlm Unique ID: 8904605 Medline TA: Acad Med Country: UNITED STATES |
Other Details:
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Languages: eng Pagination: 943-6 Citation Subset: AIM; IM |
Affiliation:
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Department of Medicine, University of Maryland Hospital, Batimore 21201-1595. |
Export Citation:
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| MeSH Terms | |
Descriptor/Qualifier:
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Academic Medical Centers
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organization & administration* Baltimore Budgets Communication Efficiency, Organizational Faculty, Medical Financial Management* Humans Income Internal Medicine / education* Leadership Motivation Organizational Culture Organizational Policy Physician Executives / education, standards Professional Competence Schools, Medical / organization & administration* Training Support |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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