Question

The fates of hospitals and physicians are closely intertwined these days. In fact, the practice behaviors of physicians are crucial for determining the financial success of a hospital. Discuss the impact of physician practice patterns on the results of the hospital operating budget and capital budget. Provide specific examples to support your answer.

Answer 1

The impact of physician practice will directly reflect on the hospital operating budget and capital budget.

If the doctor is well experienced and have ample of knowledge on treating patients and have good communication, the more patients attract to that hospital and it will reflect on raise of income. If the patient or patients family members have a bad experience with the doctor or services provided, the patient may not wish to go to that particular hospital.

Example: The doctor in the village area have not identified cardiac arrest of an old age patient and send him to the home with basic medicines, but the next day due to existing symptoms the family members took the patient to the city where the doctor identified as a cardiac arrest and treated accordingly. Since then, The family members of that patient have a bad impact on that doctor and avoid going to that hospital.