Congratulations on your promotion to Division Director at the Sunshine State Hospital! As Division Director, you are responsible for the delivery of the department’s clinical, educational, and research missions. You have the support of the Chair who has built a fine organization over the past several years. He’s looking forward to great things from you! During this session, you will be running a division within a simulation. There will be established goals at the beginning of the session. You will be introduced to business and financial concepts, then, given a number of scenarios, apply this information within a group decision-making exercise.
The goal for this session is to gain an understanding of the application of business concepts and their impact on clinical, educational, research, operational, and financial outcomes.
Program pre-requisite: Financial Acumen Program
You Will Learn How To
- Assess and make decisions based on the following drivers: market, patient, employee, and business.
- Analyze operational and financial metrics.
- Identify opportunities to increase efficiency in operations.
- Recognize the connections between various clinical/business factors and outcomes.
- Improve profitability associated with the business.
