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Medical Practice Operations - Business Fundamental ...
255193 - Video 1
255193 - Video 1
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Video Transcription
Video Summary
In this introduction to the Medical Practice Operations Business Fundamentals 101 series by the American Osteopathic Association, Jeff Gorky outlines key aspects of medical practice management across various models. With over 30 years in healthcare, Jeff shares insights into private practices, health systems, and academic medical centers, emphasizing the differences in structure, governance, financial accounting, and employment opportunities. He explains how private practices offer greater autonomy but require business acumen, while health systems provide stability but can lack flexibility. Jeff also notes the increasing role of private equity in healthcare models.<br /><br />Each module aims to equip viewers with a foundational understanding of practice management, with topics ranging from employment opportunities and revenue cycles to legal considerations. Throughout, Jeff emphasizes the importance of understanding business fundamentals to navigate healthcare's complex environment. <br /><br />The series culminates in a Q&A session, providing an interactive opportunity for participants to delve deeper into topics of interest. Jeff assures viewers that the modules, while not exhaustive, are designed to elevate their understanding of healthcare operations, encouraging a proactive approach to career development in this constantly evolving field.
Keywords
Medical Practice Management
Healthcare Models
Private Practices
Health Systems
Academic Medical Centers
Business Fundamentals
Private Equity
Revenue Cycles
Career Development
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