MANAGEMENT ESSENTIALS FOR PHYSICIANS' PRACTICE

Program Brochure (pdf)

Target Audience
The course is intended for the following audience
• Independent physician practitioners
• Managing directors of small to large practices involved in investment decisions
• Office managers and analysts responsible for preparing budgets and financial statements

Learning Objectives
Upon completion of the course, participants should be able to: discuss critical concepts related to business management; including accounting terminology, benchmarking, contracting, business plans, negotiation techniques, retirement planning, funding, and other core aspects. Hands-on examples, case studies and practice ensure new knowledge and skills are transferable to the office.

Continuing Medical Education Credit
Prince William Hospital is accredited by the Medical Society of Virginia to provide continuing medical education for physicians. Prince William Hospital designates this educational activity for a maximum of 22 AMA PRA Category 1 Credit(s) TM. Each session is worth 5.5 credits. Physicians should only claim credit commensurate with the extent of their participation in the activity. Physician may claim up to 22 credits in Type 1 or Type 2 CME on the Virginia Board of Medicine Continued Competency and Assessment Form required for renewal of an active medical license.

Tuition $345.00 per seminar $1,200.00 for all seminars (Includes Certificate)

Tuition includes supplemental readings and meals for each seminar. For groups of 3 persons or more from a single office, please call for discount information.

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Now, more than ever, physicians and other medical practitioners need business management education. While some basic knowledge is obtained, unfortunately at no time during medical school or residency were the important concepts for managing a practice presented. Taking two years to acquire an MBA may not be an option for most physicians to help them manage a successful practice.

George Mason University’s School of Management has developed a one-year course, delivered in four parts on Saturdays throughout the year. Management Essentials for Physicians' Practice specifically targets the critical needs of physicians’ office management teams. This series is designed for all physicians, whether practicing as employees or partners, from both large and small offices.

All classes will be held on the George Mason University Fairfax Campus. Some outside work and study may be required. This series will give all participants the core concepts that physicians must understand to interact with accountants, lawyers, and financial planners, as well as tools and strategies to run a successful medical practice.

AMA PRA Category 1 CME credit will be issued by Prince William Hospital, Manassas, VA.

Please select any of the Program Titles below to review the Daily Conference Agenda or course descriptions. Daily Agendas are subject to change.

April 25, 2009	June 6, 2009	August 22, 2009	October 10, 2009
Fundamentals of Accounting	Negotiating your way to Success	Measuring Performance	Strategies for Long-Term Success
"Financial Planning for Maximum Value Creation"	"Compensation Models"	"Pay for Performance"	"Governance"
"Optimizing Profitability: Tax Planning"	"Managing Contracts"	"Benchmarking"	"Succession Planning"
"Wealth Management for Physicians"	"Resolving Conflicts"	"Your Management Dashboard: Report Development"	"Electronic Medical Records: Myths and Costs"
"Investing: 2009 and Beyond"	"Finding the Middle Ground: Successful Negotiation Strategies"	"Business Plans and Overhead"	"www.thefuturemd.com What the Internet Can Do for You"