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Management courses for physicians offered by Olin School
By Robert Batterson Physicians often are bogged down by excess paperwork and running the business of medicine. The "Inside the Business of Medicine" program at the Olin School of Business aims to help physicians efficiently run the business side of their medical practices so that they can focus on what matters most: patient care. This month, the Olin School is offering several courses designed specifically for practicing physicians. "'Inside the Business of Medicine' is a totally new type of executive education program in health-care management -- it's designed with practicing physicians in mind," said George Cesaretti, assistant dean and director of ExecEdge Corporate Education. "The courses in this program will give a physician the skills needed to get a grip on the business side of the practice and turn it into a smooth-running and profitable operation, so that more time can be spent on being a physician and less on paperwork." A daylong course titled "Building an Effective Medical Office Staff" will be offered Nov. 9. The course will cover how to build a solid infrastructure that frees physicians to focus on patient care by defining the knowledge, skills and abilities needed for office staff positions. The course also details how to identify personality types to ensure a good fit with the physician and his or her staff. The seminar also includes a session called "How We Want to Operate Around Here," which will offer a side-by-side analysis of how to assess and identify likely friction points. In addition, the course will cover the art of creating the "Compact of Agreement" and how to conduct better regular reviews. The "Financial Management for Medical Practice" course will be led by accounting Professor Ron King, Ph.D., from 9 a.m.-9 p.m. Nov. 15-16. The first day of the course covers business organizations, various accounting strategies, formatting annual reports and financial statements along with two mini case studies: "Understanding the Balance Sheet of a Clinic" and "Understanding the Income Statement of a Medical Organization." Highlights of the second day include financial statement analysis, cost allocation and tools for analyzing investment decisions. All courses are held at the Charles F. Knight Executive Education Center on the Hilltop Campus. The "Inside the Business of Medicine" program will offer additional courses in January; topics include "Strengthening Negotiating Skills" and "Marketing Approaches for the Small Practice." Each course day counts for six Continuing Medical Education credits. Instruction materials, parking and lunch are included in the course fees. For tuition and enrollment information, call 935-8976 or go online to olin.wustl.edu/execed/execedge/series/ibmed.cfm. |
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