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The medical practice as business organization
A D Bender1, W E Aaronson, C J Krasnick
1School of Management, Widener University, Chester, PA, USA.
Summary
Medical practice organizational structures are often ill-suited for business survival. Adapting requires strategic alignment, physician teamwork, and interdepartmental collaboration for sustainable healthcare delivery.
Area of Science:
- Healthcare Management
- Organizational Theory
- Business Administration
Background:
- Historically, medical practices have lacked examination regarding their organizational structures and business viability.
- Existing organizational models may not adequately address the complexities of modern healthcare environments.
Purpose of the Study:
- To propose a model for a typical medical practice.
- To analyze the alignment of this model with current organizational theory.
- To identify necessary adaptations for medical practice survival and growth.
Main Methods:
- Conceptual analysis and theoretical modeling.
- Discussion of organizational theory principles applied to medical practices.
Main Results:
- The typical medical practice organization exhibits a poor fit with the demands of a dynamic and complex environment.
- Current structures hinder adaptation and business sustainability.
Conclusions:
- Medical practices must align with healthcare system stakeholders.
- Developing physician teamwork and bridging communication gaps are crucial.
- Recognizing interdependencies within the organization is vital for success.