Information systems can help develop practice strategy

Article Abstract:

Information systems that can evaluate value can be instrumental in helping a medical practice develop an edge over competitors. A model was developed by Larry Ring and Douglas Tigert that helps determine how to add value to a practice. The model combines elements for describing a practice's relationships with its clients and elements for identifying the infrastructure necessary for those relationships. The first elements involve product or service, value, communication and people; the second involve logistics, suppliers and systems. The systems are critical to efficient measurement and analysis of information on service quality, cost and performance.

Electronic computers, Electronic Computer Manufacturing, Computers & Auxiliary Equip, Physicians & Surgeons, Offices of Physicians (except Mental Health Specialists), Models, Usage, Medicine, Technology application, Medical practice, Group medical practice, Information systems, Value added

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Formal training can help you better lead your practice

Article Abstract:

Physicians engaged in the administration of a private practice or medical center need to acquire business skills that will help them to be successful in administering these businesses. Formal business education can provide physicians with management skills. The College of William and Mary's Executive Master's of Business Administration program is one program that offers management education for physicians.

Training, Curricula, College of William and Mary

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Is total quality management right for your practice?

Article Abstract:

Total quality management (TQM) is revising the way health care organizations deliver services to patients. TQM is a management strategy designed to help organizations improve customer and employee satisfaction and reduce costs. The strategy emphasizes customer needs, involving all employees in decision making processes and the importance of variance as a source of data.

Health Care, Health Care and Social Assistance, HEALTH SERVICES, Methods, Health care industry, Medical care, Patient satisfaction, Total quality management

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