| Meeting the challenge of a group practice turnaround. | |
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MedLine Citation:
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PMID: 11258274 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
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Many healthcare organizations that acquired group practices to enhance their market share have found that the practices have not met their financial goals. Turning around a financially troubled, hospital-owned group practice is challenging but not impossible for healthcare organizations that take certain basic actions. Direction, data, desire, dedication, and drive must be present to effect the financial turnaround of a group practice. The healthcare organization needs to evaluate the practice's strategy and operations and identify the issues that are hindering the practice's ability to optimize revenues. Efforts to achieve profitable operations have to be ongoing. |
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Authors:
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L M Porn |
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Publication Detail:
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Type: Journal Article |
Journal Detail:
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Title: Healthcare financial management : journal of the Healthcare Financial Management Association Volume: 55 ISSN: 0735-0732 ISO Abbreviation: Healthc Financ Manage Publication Date: 2001 Mar |
Date Detail:
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Created Date: 2001-03-21 Completed Date: 2001-04-12 Revised Date: - |
Medline Journal Info:
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Nlm Unique ID: 8215859 Medline TA: Healthc Financ Manage Country: United States |
Other Details:
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Languages: eng Pagination: 63-5 Citation Subset: H |
Affiliation:
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Deloitte Consulting, Chicago, Illinois, USA. lporn@dc.com |
Export Citation:
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APA/MLA Format Download EndNote Download BibTex |
| MeSH Terms | |
Descriptor/Qualifier:
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Financial Management, Hospital
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methods* Group Practice / economics* Hospital Restructuring / economics* Leadership Organizational Objectives Practice Valuation and Purchase / economics* United States |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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