Financial Forensics and the Medical Practice — The Role of the Physician Leader
By Daniel K. Zismer, PhD, Gary S. Schwartz, MD, MHA, and Elliot D. Zismer, MS
While the term “financial forensics” is often reserved for the investigation and examination of the finances of a company for purposes of uncovering mismanagement or criminal activity, used here it refers to methods physician leaders can apply to determine how the idiosyncrasies of provider practice styles and practice management affect financial performance and related risk.
You Will Need a Different Kind of Board of Directors
By Luis G. Pareras, MD, PhD
The board of directors is critical to a company’s organizational structure, overseeing management and protecting shareholders’ interests. In science-driven companies, the board’s role extends beyond traditional business and financial oversight to include scientific expertise that drives innovation, manages scientific risk, and ensures adherence to ethical standards.
This article explores how coaching, much like leadership, is a situational activity that requires coaches to adapt to the specific needs of their clients.