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Electives - Business in Medicine, Innovation and Quality Improvement
Financial Management for Medical Professionals
Elective Number: 3908 (lottery/students schedule in OASIS)
Rotation Supervisors: Brad Haws, Senior Associate Dean, School of Medicine & Michael Schill PhD, Associate Professor of Business Administration, Darden School of Business
Evaluation should be emailed to: Bradley E. Haws email@example.com
Attendance: A student must attend all lecture sessions and submit their final project by the deadline in order to receive credit.
Available: Rotation 13a
Duration: 2 weeks
Report to: Michael Schill or Brad Haws
Time to Report: 8:00 am
Place to Report: Darden School, room 150
Number of students per rotation: 10/40
Course Description: This elective exposes medical students to many of the financial and business problems they will encounter during their career as physicians. The goal of this course is to provide an overview of principles of financial management that enhance a student’s medical training. The course takes the view that the financial health of a physician’s medical practice has an important effect on the ability to deliver quality patient care.
Course outline: This course is a 6 day intensive, with twelve sessions that will last approximately 90 minutes each. The course will be held at Darden. Five of the sessions will be facilitated by Dr. Schill and require preparation nightly. Dr. Schill’s sessions explore principles of free market economy, financial analysis, cash flow forecasting, the time value of money, and capital allocation decisions. The remaining sessions will focus on how to create information from data, business ethics in medicine, practice management, and medical malpractice and liability management
Student Project: Each student is expected to complete a final project. The final project is a written case analysis which will provide an opportunity for students to consider the effect of the course themes on their own future medical practice. The case will be introduced in class on Monday of the second week and the written analysis will be due by Friday of the second week by 5pm.
Day 2: Tuesday - 3/6 - Class of 2018
Day 3: Wednesday - 3/7 - Class of 2018
Day 4: Thursday - NO CLASS; 3/8 - Class of 2018
Day 5: Friday, - NO CLASS; 3/9 - Class of 2018
Day 6: Monday, 3/12 - Class of 2018
Day 7: Tuesday, - 3/13 - Class of 2018
Day 8: Wednesday, 3/14 – Class of 2018