Catalogue


Medicine and business : bridging the gap /
edited by Sheldon Rovin.
imprint
Gaithersburg, Md. : Aspen Publishers, 2001.
description
xx, 312 p. : ill. ; 24 cm.
ISBN
0834216124
format(s)
Book
Holdings
More Details
added author
imprint
Gaithersburg, Md. : Aspen Publishers, 2001.
isbn
0834216124
contents note
Planning as though it matters -- Leading change -- Organizations, interpersonal effectiveness, and self-empowerment -- Economic principles in the new medical payment paradigm -- Break-even analysis for new programs and ventures -- Investing and financing decisions in medicine -- Physician compensation : a look at the essentials -- Understanding and negotiating an HMO provider contract -- Medical care quality and private markets -- Clinical practice guidelines : boon or bane for physicians? -- Information technology and its applications.
catalogue key
10937838
 
Includes bibliographical references and index.
A Look Inside
About the Author
Author Affiliation
Sheldon Rovin, DDS, MS, is professor emeritus of Healthcare Systems at the University of Pennsylvania's Wharton School of Business.
Reviews
This item was reviewed in:
SciTech Book News, December 2000
To find out how to look for other reviews, please see our guides to finding book reviews in the Sciences or Social Sciences and Humanities.
Summaries
Main Description
With an emphasis on practical knowledge and implementation, Medicine and Business: Bridging the Gap, helps physicians make sound business and managerial decisions amid today's health care reality of unbalance, complexity, and unending change. This text is written from a business management perspective - instead of a medical practice management viewpoint - to give physicians the knowledge, vocabulary, and tools they need to work with business, finance, and managed care plan professionals with greater understanding and confidence.
Main Description
With an emphasis on practical knowledge and implementation, Medicine and Business: Bridging the Gap, helps physicians make sound business and managerial decisions amid today's health care reality of unbalance, complexity, and unending change. This text is written from a business management perspective - instead of a medical practice management viewpoint - to give physicians the knowledge, vocabulary, and tools they need to work with business, finance, and managed care plan professionals with greater understanding and confidence. It is no secret that the recent corporatization of medicine has caught physicians unprepared. Once highly autonomous entrepreneurs of clinical medicine, they are now constrained by the dramatic changes in the health care financing and delivery system. The shock has worn off, and most physicians who are not on the doorstep of retirement realize that they must come to understand the vocabulary and architecture of the system in which they are forced to function. Dr. Sheldon Rovin, Professor of Health Care Systems at the Wharton School of Business and Past Director of Health Care Management Programs in Wharton Executive Education, has edited a book that introduces physicians to the basic management concepts and functions they need to survive. He and his contributors cover the essentials: systems thinking and planning, managing change and people, decision making, finance and economics, compensation and productivity, negotiation, and information systems, among other timely topics.
Table of Contents
Contributorsp. v
About the Bookp. vii
Planning As Though It Mattersp. 1
Another Approach to Planningp. 2
Process of Planningp. 9
Understanding vs. Informationp. 19
The Art of Planningp. 21
Implementationp. 26
Contingency Planningp. 29
Emergencep. 30
Leading Changep. 33
Initial Implications of Permanent White Waterp. 34
Analyzing Stakeholders and Building Coalitionsp. 38
Thinking Systemicallyp. 46
Additional Snares and Trapsp. 49
Conclusionp. 51
Organizations, Interpersonal Effectiveness, and Self-Empowermentp. 53
Understanding and Using Organizationsp. 53
Elements of Organizationsp. 54
Power and Influencep. 59
Negative Approach To Influencep. 69
Self-Designp. 71
Economic Principles in the New Medical Payment Paradigmp. 79
Changing Paradigms in Medical Paymentp. 80
Comparison of Payment Systemsp. 85
Implications of Strict Managed Care for Health Care Providersp. 88
Conclusionp. 114
Break-Even Analysis for New Programs and Venturesp. 117
Need for Break-Even Analysisp. 117
Break-Even Basicsp. 121
Uses of Break-Even Analysisp. 125
Break-Even Analysis under Capitationp. 130
Caveatsp. 132
Use of Break-Even Analysis for Decision Makingp. 139
Conclusionp. 140
Investing and Financing Decisions in Medicinep. 141
Financial Statementsp. 141
Present Value/Future Value Techniquep. 149
Capital Budgeting Criteriap. 158
Valuation and Shareholders'Valuep. 163
Physician Compensation: A Look at the Essentialsp. 167
Establishing the Value of the Physician's/Provider's Servicesp. 168
Defining the Work and Maximizing Revenuep. 177
Managing Expensesp. 181
Glancing at the Futurep. 192
Understanding and Negotiating an HMO Provider Contractp. 195
The Reason for HMOsp. 196
Basic Provider Contract Termsp. 197
Contract Negotiationp. 213
Emerging Trendsp. 222
Medical Care Quality and Private Marketsp. 225
Quality and How It is Chosen in Private Marketsp. 226
Medical Services Applicationsp. 228
Trading Off Cost and Quality in Theoryp. 230
Best Quality vs. Highest Qualityp. 231
Other Problems Other Palliativesp. 232
Trading Off Cost and Quality in Realityp. 234
Quality in Continuous Timep. 236
Obstacles to Market Competitionp. 237
Tax Incentivesp. 239
Conclusion: Competition, Cooperation, or Compromisep. 240
Clinical Practice Guidelines: Boon or Bane for Physicians?p. 243
Clinical Practice Guidelines Definedp. 244
CPGs in Courtp. 248
Certification of CPGsp. 253
Physicians' Response to the CPG Movementp. 257
Physicians as Guideline Developersp. 358
CPGs in the Electronic Agep. 259
Legal Implications of the Brave New Worldp. 262
Conclusionp. 265
Information Technology and Its Applicationp. 267
Changes in Information Technologyp. 268
Convergence of Health Care and Information Technology Changesp. 276
Implications for Physiciansp. 277
Purchasing IT Systems and Dealing with Vendorsp. 285
The Future of ITp. 287
Glossaryp. 290
About the Editorp. 293
About the Contributorsp. 295
Indexp. 303
Table of Contents provided by Syndetics. All Rights Reserved.

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