This comprehensive seminar concentrates on the vital business concepts, skills, and tools necessary for the successful practice of medicine in today’s environment. The seminar is specifically designed to provide useful and practical information that can be applied immediately in any medical practice setting. The goal of the seminar is to equip participants with skills and tools to enhance leadership competence, manage more effectively, understand and apply financial concepts, and proficiently analyze business, clinical, and health policy issues. The seminar is presented over a 3 day time period.
Seminar Content
Leadership and Management
- Genuine leadership
- Quality management
- Teamwork and communication
Strategic Planning
- Competition analysis
- Making sense of marketing
- Strategy formation
Accounting and Financial Management
- Financial statement analysis
- Asset management and budgeting
- Business planning
- Personal wealth and asset management
Clinical Practice Improvement
- Root cause analysis
- Variation, safety, and controlling error
- Gathering and analyzing quality data
Health Information Technology
- EMR selection and implementation
- Federal requirements
- Leveraging – benefits, challenges
Health Policy
- Health and medical expenditures
- National health insurance
- Medical mal-practice
- Physician Reimbursement
Seminar Structure
3 days with a maximum class size of 15
Days One and Two
- 8 hours of instruction on Leadership and Management, Strategic Planning, Clinical Practice Improvement, Accounting and Financial Management
- 4 hours of instruction on Health Information Technology, and Health Policy and Personal Financial Management
- Take home team project
Day 3 (four weeks later)
- 4 hours of instruction on Health Information Technology, Health Policy and Personal Financial Management
- 2 hours – team project presentations
All participants are required to design a Clinical Practice Improvement project. Each participant is assigned to a team, which selects a project that is meaningful to them. The design is to be completed during the 4 weeks between the 2nd and 3rd days of the seminars. The project serves to reinforce the concepts, skills, and tools presented in the seminars.
Seminar participants are encouraged to engage the ES4P faculty via the website or by email. Seminar faculty closely mentors teams. Faculty members are available and welcome the opportunity to answer any questions that may arise from either the seminars or the team projects. In addition, participants can discuss ideas and issues with each other via ES4P’s discussion board.
The tuition costs per participant are $895 and include lunches, snacks, and all materials.
Continuing Medical Education (CME) Credit
The Accreditation Council for Continuing Medical Education accredits INOVA Health System to sponsor continuing medical education for health care professionals. INOVA Health System has designated this continuing medical education activity provided by Essential Seminars for Physicians, LLC as 18 credit hours in Category 1 of the Physician’s Recognition Award of the American Medical Association.
