Operations Planning for a Group Medical Practice Assignment

Imagine that a group of physicians who are planning to open a single-specialty group practice has hired you as a consultant. Your job is to advise the physicians in creating a business plan that includes management strategies that will help ensure their success. The physicians have stipulated that the plan must promote medical excellence and limit their exposure to risks associated with the practice of medicine and the operational functions of the practice. In addition, they are aware that a public health emergency or natural disaster could have had a significant impact on their practice, and want to include a strategy for emergency preparedness as part of their plan so that they will be able to manage their patients and help serve the community as needed.

Write a four to six (4-6) page paper in which you:

  1. Compare and contrast the two (2) main levels (i.e., internal comparison and external comparison) of financial benchmarking. Next, analyze the strategic purpose of each level of benchmarking and specify the overall importance of benchmarking as a financial planning tool for a medical practice.
  2. Recommend a Health Information Technology (HIT) system that includes an Electronic Health Record (EHR) for the new practice to implement. Support your recommendation by determining three (3) main benefits of having this type of system for the practice.
  3. According to the text (page 368), some of the main areas of risk exposure for a group practice include property (general liability and safety), technology, and financial practices. Determine one (1) specific hazard associated with one (1) of these risk categories and propose a strategy to mitigate the impact this risk could have on the practice. Support your analysis with a real-life example.
  4. Determine the main functions of the practice that will need to remain operational before, during, and / or after a natural disaster or public health emergency. Next, suggest a strategy that the practice should take to maintain communication with employees and patients, secure patient and financial records, and ensure that resources will available to care for patients during a disaster or emergency. Provide a rationale for your response.
  5. Use at least three (3) quality academic resources. Note: Wikipedia does not qualify as an academic resource.
  6. Format your assignment according to the following formatting requirements:
    1. Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
    2. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required page length.
    3. Include a reference page. Citations and references must follow APA format. The reference page is not included in the required page length.

The specific course learning outcomes associated with this assignment are:

  • Evaluate the role of physicians as practice administrators and determine the administrative challenges facing today’s practice managers.
  • Examine ways in which health service administrators can help physicians prepare for disasters and facilitate recovery.
  • Apply benchmarking techniques for financial and operational efficiency.
  • Examine the legal and risk management issues affecting today’s physician practices.
  • Use technology and information resources to research issues in physician’s practice management.
  • Write clearly and concisely about physician’s practice management using proper writing mechanics. Get Health and Medical Help Today
Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Australia Assessments
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Business Studies
Good
Customer 462893, April 26th, 2022
Business and administrative studies
This was by far one of the best that I have received!
Customer 453375, April 22nd, 2022
Political science
Avoid minor revisions; be sure of instructions.
Customer 454483, April 6th, 2022
Religious studies
Excellent response.
Customer 460547, April 20th, 2022
Nursing
Thanks so much, excellent work as always.
Customer 453939, May 23rd, 2020
History
The work is of really good quality and was done on time.
Customer 454439, June 1st, 2020
Religious studies
Thank you very much. I am going to keep using this service.
Customer 454195, March 30th, 2020
Medical Terminology
Thank you
Customer 454783, April 12th, 2022
English 101
Excellent.
Customer 458101, April 23rd, 2022
English 101
Always use Grammarly before submitting your papers.
Customer 462495, April 6th, 2022
Medicine
Good work
Customer 453187, May 25th, 2022
CRITICAL REAFING AND WRITING
Be keen on instructions.
Customer 460653, April 6th, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat