Physician practices today face considerable financial pressures, including declining reimbursements, escalating labor and supply chain costs, and overall inflationary challenges. To succeed, medical group executives must master operational financial analysis and strategic decision-making.
This interactive, experiential session immerses participants in a realistic physician practice simulation, engaging them in detail financial analyses and strategic operational decisions. Attendees will work collaboratively as executive management teams to analyze financial statements, internal operational data, and market factors, ultimately making informed strategic decisions. This hands-on experience equips healthcare leaders with essential skills to successfully navigate and respond to dynamic market environments.
Learning Objectives:
Employ systematic methodologies to evaluate financial statements, labor and supply chain costs, and market conditions for strategic decision-making
Demonstrate teamwork and collaborative decision-making capabilities to address challenges and identify effective solutions
Produce strategic decisions from an executive leadership perspective