Accounting and Enterprise Finance for the Practicing Hand Surgeon.

Accrual based accounting Business pro forma Cloud-based software platforms Medical practice accounting principles Revenue cycle

Journal

Hand clinics
ISSN: 1558-1969
Titre abrégé: Hand Clin
Pays: United States
ID NLM: 8510415

Informations de publication

Date de publication:
Nov 2024
Historique:
medline: 13 10 2024
pubmed: 13 10 2024
entrez: 13 10 2024
Statut: ppublish

Résumé

The business of medicine has become more complex and difficult over the last decade, and the success of a medical practice is dependent not just on the quality of patient care but also effective financial management. Medical school and residency curricula often do not include finance and accounting instruction, leaving physicians ill-prepared to open and run a small business. Physicians must learn how to navigate the challenges of accounting and enterprise finance to ensure the viability and growth of their practice. This article discusses the essential aspects of financial management tailored specifically for the physician/hand surgeon.

Identifiants

pubmed: 39396324
pii: S0749-0712(24)00047-7
doi: 10.1016/j.hcl.2024.06.006
pii:
doi:

Types de publication

Journal Article Review

Langues

eng

Sous-ensembles de citation

IM

Pagination

451-457

Informations de copyright

Copyright © 2024 Elsevier Inc. All rights reserved.

Déclaration de conflit d'intérêts

Disclosures None for either author.

Auteurs

Abhinav Bobby Chhabra (AB)

Department of Orthopaedic Surgery, University of Virginia, 2280 Ivy Road, Charlottesville, VA 22903, USA. Electronic address: ac2h@uvahealth.org.

Bill Chandler (B)

American Society for Surgery of the Hand, 822 West Washington Boulevard, Chicago, IL 60607, USA.

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Classifications MeSH