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Capital--its application, access and attitudes.

R C Bohlmann1

  • 1MGMA Management Consulting Services, Englewood, CO 80112, USA.

Medical Group Management Journal
|June 6, 1996
PubMed
Summary
This summary is machine-generated.

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Securing capital for healthcare group development requires strategic financial planning. Understanding capital needs, available resources, and group attitudes is crucial for accessing funds for integration and managed care opportunities.

Area of Science:

  • Healthcare Management
  • Health Services Research

Background:

  • Healthcare groups often lack sufficient capital for growth opportunities.
  • Poor financial planning hinders integration and managed care development.

Purpose of the Study:

  • To outline a strategic approach for capital acquisition in healthcare group development.
  • To address financial planning challenges faced by healthcare networks.

Main Methods:

  • The study examines capital acquisition through the lens of need, resources, and attitudes.
  • It emphasizes a structured approach: determining needs, investigating resources, and assessing attitudes.

Main Results:

  • Financial needs assessment is the critical first step.
  • Investigating institutional resources and group attitudes are subsequent essential steps.

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Conclusions:

  • Proactive financial planning and a structured approach are vital for healthcare groups to secure capital.
  • Addressing capital needs, resource access, and stakeholder attitudes facilitates successful development.