Office financial evaluation and management
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1Department of Surgery, Louisiana State University Health Science Center, New Orleans, LA 70112, USA. Fopelk@lsuhsc.edu
Abstract:
Surgeons are facing greater pressures as business entities with each passing year. With limited ability to compensate by increasing workload, surgeons must understand finances and practice management. Strategic planning for the survival of a clinical practice now requires a background in business long absent in the formal education of surgeons. This article provides an introduction to the basic principles of office finance, management, and the revenue cycle.
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