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An academic practice's transition to the business of medicine in the community. A case study
1Department of Internal Medicine, Wayne State University School of Medicine, Detroit, MI 48201, USA. sgriffin@intmed.wayne.edu
Abstract:
This case study highlights the problems confronting a clinical practice corporation affiliated with a major medical school, and the business realizations it made in the acquisition of a community-based clinic. Launching a financially viable enterprise requires careful planning, determination of formal goals and expectations, an appropriate mix of physicians and services, a specific marketing campaign and community support.