| Practice management companies improve practices' financial position. | |
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MedLine Citation:
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PMID: 10174772 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
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To maintain control over healthcare delivery and financial decisions, as well as increase access to capital markets, some group practices are forming their own physician practice management companies. These companies should be organized to balance the expectations of physicians with the values of capital markets. This organization should include retained earnings, financial reporting in accordance with generally accepted accounting principles (GAAP), predictable earnings and cash flow, physician ownership and leadership, and incentives for high-quality management. Three large, primary care and multispecialty clinics that merged to form a new physician practice management company increased their access to capital markets and improved their overall financial position, which will help them achieve long-term survival. |
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Authors:
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T Dupell |
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: 51 ISSN: 0735-0732 ISO Abbreviation: Healthc Financ Manage Publication Date: 1997 Nov |
Date Detail:
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Created Date: 1998-01-26 Completed Date: 1998-01-26 Revised Date: 2000-12-18 |
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: 56, 58-60 Citation Subset: H |
Affiliation:
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Physician Partners, Inc., Portland, OR, USA. |
Export Citation:
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APA/MLA Format Download EndNote Download BibTex |
| MeSH Terms | |
Descriptor/Qualifier:
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Accounting
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standards Capital Financing Financial Management / standards* Group Practice / economics*, organization & administration Leasing, Property / economics Negotiating Oregon Organizational Case Studies Planning Techniques Practice Management, Medical / economics*, organization & administration United States |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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