Develop a Physician Practice Business Plan for your Medical Group.
Assignment Details: The Physician Practice Business Plan is a continuous document to focus on a practice business strategy, developed and written by each student. A portion of the Physician Business Plan is written during this week. 6 pages in length in excluding title and references pages with 5 scholarly peer-reviewed references. This paper will follow APA format and standards.
Background information: A Physician Practice Business Plan can serve as a “blueprint” for those physicians who are planning on opening up a practice, physicians and class employees who are already working in a physician practice can compare their Physician Practice Business Plan to the organization’s own. Last, for those physicians’ who will be interviewing and asking questions at a prospective physician practice; this information will be useful in your decision-making.
As the practice leader, write a realistic Physician Practice Business Plan# 1. One research paper is due pertaining to a Physician Practice Business Plan for your Medical Group. These assignment will building this week in your physician practice management knowledge, synthesizing it into a Physician Practice Business Plan. Discuss the below areas this week as part of your Physician Practice Business Plan:
USE THESE HEADINGS IN YOUR PAPER:
Type of Practice/Location/Office Hours/Accessibility (after hours, weekends; patient mode of contacting the office – duty day and after hours)
Write a Mission Statement
Write a Vision Statement
Write Value Statement
Select Accountable Care Organization Model: (IDS, MSGP, PHO, IPA, or VPO) Why?
Information Technology (what other IT will the office feature besides EMR/EHR?):
Purchasing and Supply Management
Quality Improvement and the Effective Medical Group (Identify issues requiring monitoring to improve):
Opportunities, Risk and Vulnerabilities
Barriers to Success