Document Detail


Financial management of academic clinical departments.
MedLine Citation:
PMID:  7999180     Owner:  NLM     Status:  MEDLINE    
Abstract/OtherAbstract:
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.
Authors:
J A Kastor; P W Breault; R M McGuire
Publication Detail:
Type:  Journal Article    
Journal Detail:
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:
Created Date:  1995-01-20     Completed Date:  1995-01-20     Revised Date:  2004-11-17    
Medline Journal Info:
Nlm Unique ID:  8904605     Medline TA:  Acad Med     Country:  UNITED STATES    
Other Details:
Languages:  eng     Pagination:  943-6     Citation Subset:  AIM; IM    
Affiliation:
Department of Medicine, University of Maryland Hospital, Batimore 21201-1595.
Export Citation:
APA/MLA Format     Download EndNote     Download BibTex
MeSH Terms
Descriptor/Qualifier:
Academic Medical Centers / 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


Previous Document:  Graduate medical education consortia: expectations and experiences.
Next Document:  Three exemplary models of case-based teaching.