Why Understanding Health Care Finance is Important Even if You Can’t Balance Your Own Checkbook

Recently, I ran into a former colleague, who now was a medical director for a multispecialty physician group. He negotiates contracts with payers and manages the specialists and primary care doctors. “It’s a different world,” he told me. “No more do we just admit the patient to the hospital. Now, we try to keep patients out of …

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The Importance of Department Chairs to Academic Medical Centers

In our July issue there are three contributions about the changing role of chair of a clinical department. Dr Kastor interviewed a group of chairs of Internal Medicine and found consensus that the job has changed over the last generation from intellectual, educational and scholarly leader to a more administrative and business oriented role with …

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