Physicians as Practice Administrators Assignment 1

Physicians as Practice Administrators Assignment 1

Assignment 1: Physicians as Practice Administrators

Physician practices are a key component of the U.S. healthcare system. According to the text, a significant amount of revenue that the healthcare industry generates can be directly linked to the care that physicians provide for their patients. In addition, physicians in a medical practice add to this revenue stream by admitting patients to a hospital, prescribing prescription medication, ordering home health services and medical equipment, and referring their patients to other healthcare providers for care and treatment. As a future healthcare administrator, it is important for you to demonstrate an understanding of the challenges and opportunities that today’s physicians face in providing quality healthcare services.

Write a four to six page (4-6) paper in which you: (Does not include title and reference pages)

1. Compare the main various forms of medical group practice. Next, select the form that would be most attractive to a newly licensed physician. Justify your selection.
2. Analyze how the role of the physician in a medical practice has changed in the past twenty (20) years. Assess three (3) specific challenges that today’s physicians face as members of a medical group practice. Support your response.
3. Suggest three (3) specific competencies that a physician should demonstrate to be successful as a practice manager. Next, determine three (3) hurdles that a physician might face as the leader of a group practice. Provide rationale for your response.
4. Assess the value of effective Human Resources Management (HRM) in a medical practice. Suggest three (3) functions of HRM necessary to attract and retain the type of employees needed for the practice in order to achieve long-term success. Support your recommendations with specific examples of how each function impacts the overall success of the practice.
5. Determine three (3) aspects of consumer behavior that the physician’s practice management should consider as part of an effective marketing strategy for medical practices. Provide a rationale for your response.
6. Use at least three (3) quality academic resources. Note:Wikipedia does not qualify as an academic resource.
7. Format your assignment according to the following formatting requirements:

1. 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.
• Develop an inventory of key competencies administrators need to effectively manage medical group practices. Develop a recruitment strategy to improve talent selection options for a medical practice.
• 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.

Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric.

	Assignment 1: Physicians as Practice Administrators
Criteria	Unacceptable Below 70% F	Fair 70-79% C	Proficient 80-89% B	Exemplary 90-100% A
1. Compare the main various forms of medical group practice. Next, select the form that would be most attractive to a newly licensed physician. Justify your selection. Weight: 15%	Did not submit or incompletely compared the main various forms of medical group practice. Did not submit or incompletely selected the form that would be most attractive to a newly licensed physician. Did not submit or incompletely justified your selection.	Partially compared the main various forms of medical group practice. Partially selected the form that would be most attractive to a newly licensed physician. Partially justified your selection.	Satisfactorily compared the main various forms of medical group practice. Satisfactorily selected the form that would be most attractive to a newly licensed physician. Satisfactorily justified your selection.	Thoroughly compared the main various forms of medical group practice. Thoroughly selected the form that would be most attractive to a newly licensed physician. Thoroughly justified your selection.
2. Analyze how the role of the physician in a medical practice has changed in the past twenty (20) years. Assess three (3) specific challenges that today’s physicians face as members of a medical group practice. Support your response. Weight: 15%	Did not submit or incompletely analyzed how the role of the physician in a medical practice has changed in the past twenty (20) years. Did not submit or incompletely assessed three (3) specific challenges that today’s physicians face as members of a medical group practice. Did not submit or incompletely supported your response.	Partially analyzed how the role of the physician in a medical practice has changed in the past twenty (20) years. Partially assessed three (3) specific challenges that today’s physicians face as members of a medical group practice. Partially supported your response.	Satisfactorily analyzed how the role of the physician in a medical practice has changed in the past twenty (20) years. Satisfactorily assessed three (3) specific challenges that today’s physicians face as members of a medical group practice. Satisfactorily supported your response.	Thoroughly analyzed how the role of the physician in a medical practice has changed in the past twenty (20) years. Thoroughly assessed three (3) specific challenges that today’s physicians face as members of a medical group practice. Thoroughly supported your response.
3. Suggest three (3) specific competencies that a physician should demonstrate to be successful as a practice manager. Next, determine three (3) hurdles that a physician might face as the leader of a group practice. Provide rationale for your response. Weight: 15%	Did not submit or incompletely suggested three (3) specific competencies that a physician should demonstrate to be successful as a practice manager. Did not submit or incompletely determined three (3) hurdles that a physician might face as the leader of a group practice. Did not submit or incompletely provided rationale for your response.	Partially suggested three (3) specific competencies that a physician should demonstrate to be successful as a practice manager. Partially determined three (3) hurdles that a physician might face as the leader of a group practice. Partially provided rationale for your response.	Satisfactorily suggested three (3) specific competencies that a physician should demonstrate to be successful as a practice manager. Satisfactorily determined three (3) hurdles that a physician might face as the leader of a group practice. Satisfactorily provided rationale for your response.	Thoroughly suggested three (3) specific competencies that a physician should demonstrate to be successful as a practice manager. Thoroughly determined three (3) hurdles that a physician might face as the leader of a group practice. Thoroughly provided rationale for your response.
4. Assess the value of effective Human Resources Management (HRM) in a medical practice. Suggest three (3) functions of HRM necessary to attract and retain the type of employees needed for the practice in order to achieve long-term success. Support your recommendations with specific examples of how each function impacts the overall success of the practice. Weight: 15%	Did not submit or incompletely assessed the value of effective Human Resources Management (HRM) in a medical practice. Did not submit or incompletely suggested three (3) functions of HRM necessary to attract and retain the type of employees needed for the practice in order to achieve long-term success. Did not submit or incompletely supported your recommendations with specific examples of how each function impacts the overall success of the practice.	Partially assessed the value of effective Human Resources Management (HRM) in a medical practice. Partially suggested three (3) functions of HRM necessary to attract and retain the type of employees needed for the practice in order to achieve long-term success. Partially supported your recommendations with specific examples of how each function impacts the overall success of the practice.	Satisfactorily assessed the value of effective Human Resources Management (HRM) in a medical practice. Satisfactorily suggested three (3) functions of HRM necessary to attract and retain the type of employees needed for the practice in order to achieve long-term success. Satisfactorily supported your recommendations with specific examples of how each function impacts the overall success of the practice.	Thoroughly assessed the value of effective Human Resources Management (HRM) in a medical practice. Thoroughly suggested three (3) functions of HRM necessary to attract and retain the type of employees needed for the practice in order to achieve long-term success. Thoroughly supported your recommendations with specific examples of how each function impacts the overall success of the practice.
5. Determine three (3) aspects of consumer behavior that the physician’s practice management should consider as part of an effective marketing strategy for medical practices. Provide a rationale for your response. Weight: 15%	Did not submit or incompletely determined three (3) aspects of consumer behavior that the physician’s practice management should consider as part of an effective marketing strategy for medical practices. Did not submit or incompletely provided a rationale for your response.	Partially determined three (3) aspects of consumer behavior that the physician’s practice management should consider as part of an effective marketing strategy for medical practices. Partially provided a rationale for your response.	Satisfactorilydetermined three (3) aspects of consumer behavior that the physician’s practice management should consider as part of an effective marketing strategy for medical practices. Satisfactorily provided a rationale for your response.	Thoroughly determined three (3) aspects of consumer behavior that the physician’s practice management should consider as part of an effective marketing strategy for medical practices. Thoroughly provided a rationale for your response.
6. 3 references Weight: 5%	No references provided.	Does not meet the required number of references; some or all references poor quality choices.	Meets number of required references; all references high quality choices.	Exceeds number of required references; all references high quality choices.
7. Writing Mechanics, Grammar, and Formatting Weight: 5%	Serious and persistent errors in grammar, spelling, punctuation, or formatting.	Partially free of errors in grammar, spelling, punctuation, or formatting.	Mostly free of errors in grammar, spelling, punctuation, or formatting.	Error free or almost error free grammar, spelling, punctuation, or formatting.
8. Appropriate use of APA in-text citations and reference Weight: 5%	Lack of in-text citations and / or lack of reference section.	In-text citations and references are provided, but they are only partially formatted correctly in APA style.	Most in-text citations and references are provided, and they are generally formatted correctly in APA style.	In-text citations and references are error free or almost error free and consistently formatted correctly in APA style.
9. Information Literacy / Integration of Sources Weight: 5%	Serious errors in the integration of sources, such as intentional or accidental plagiarism, or failure to use in-text citations.	Sources are partially integrated using effective techniques of quoting, paraphrasing, and summarizing.	Sources are mostly integrated using effective techniques of quoting, paraphrasing, and summarizing. ORDER A PALGIARISM FREE PAPER NOW	Sources are consistently integrated using effective techniques of quoting, paraphrasing, and summarizing.
10. Clarity and Coherence of Writing Weight: 5%	Information is confusing to the reader and fails to include reasons and evidence that logically support ideas.	Information is partially clear with minimal reasons and evidence that logically support ideas.	Information is mostly clear and generally supported with reasons and evidence that logically support ideas.	Information is provided in a clear, coherent, and consistent manner with reasons and evidence that logically support ideas.