This session addresses the delicate balance between building a robust academic medical practice and navigating stringent financial constraints. We'll explore strategies for optimizing resource allocation while maintaining high-quality patient care and fostering academic excellence. Participants will learn how to leverage data-driven decision-making to identify areas for cost reduction without compromising essential services. Experts will discuss innovative revenue generation models and strategic partnerships that can enhance financial sustainability. We will also delve into the complexities of managing research funding and academic investments within a challenging economic landscape. Discover practical approaches to ensure your practice thrives, even amidst financial pressures, without sacrificing its core mission.
Learning Objectives:
Review and delve into industry data and review how demands of physicians wanting the best and latest/greatest are not aligned with decreasing professional fee revenue
Design a programmatic way of support without sacrificing the mission of an AMC
Outline how collaboration and “outside the box” thinking could achieve goals without sacrificing top quality care