Chapter 1,2 & 3
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Physician | two types Medical Doctor, and the doctor of osteopathy (DO) both are MD DO concentrate on musculoskeletal
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| The life cycle of a medical practice | Introduction, growth, maturity, decline, revitalization
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| Three types of Medical Business | Sole proprietorship, Partnership, Corporation,
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| Sole proprietorship | Sole proprietorship- the physician owner employs needed personnel,collects all revenues
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| Partnership | Partnership - consists of two or more doctors / potential to create more revenue
legal and financial advantages down side interpersonal problems between partners
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| Corporation | Is a simulated person or entity that is separate from the owners. advantages: limited liability: damages and debt, raise capitol by issuing stock the life span of the practice is unlimited disadvantage: high taxes are associated with corporations,
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| Future of health Care | Cost, Quality, Access
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| Costs | The aging population, the uninsured, high rate of chronic conditions that are preventable, paper pushers
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| Quality | Medical and lab errors,
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| Access | Not enough doctors and nurse
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| Team work | Collaborate and gather information regarding issues, analyzes and prioritize it make a plans and implements the plan. Team work delivers quality service, efficiency of operations decreased stress
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| cross training | it is critical if an employee is absent is can cripple a medical practice cross training can insure consitncy in the operation of an office. It can also identify hidden talents. It a morale booster it promotes fresh thinking and ideas about the position
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