{"title":"Accounting and Enterprise Finance for the Practicing Hand Surgeon","authors":"Abhinav Bobby Chhabra MD, Bill Chandler MSA CAE","doi":"10.1016/j.hcl.2024.06.006","DOIUrl":null,"url":null,"abstract":"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.","PeriodicalId":55076,"journal":{"name":"Hand Clinics","volume":null,"pages":null},"PeriodicalIF":0.9000,"publicationDate":"2024-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Hand Clinics","FirstCategoryId":"3","ListUrlMain":"https://doi.org/10.1016/j.hcl.2024.06.006","RegionNum":4,"RegionCategory":"医学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"ORTHOPEDICS","Score":null,"Total":0}
引用次数: 0
Abstract
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.
期刊介绍:
Ideal for orthopedists and those in the field of physical medicine and rehabilitation, Hand Clinics presents the latest in patient management trends and updates on the newest advances in the field. Published four times a year—in February, May, August, and November—each issue covers a single topic in hand surgery, including anatomy, distal radium fractures, carpal metacarpal and phalangeal injuries, tendon injuries, overuse syndromes, and more.