Business of Radiology 101

Business of Radiology 101: Financial Basics

University of Washington

Mission:

Knowledge of practice management principles and healthcare systems is increasingly recognized as a critical skill and an integral and important component of post-graduate residency training in radiology. This course introduces key financial terminology and concepts with interactive scenarios scenarios and examples specific to radiology.

Developer & Primary Author:

Nathan M. Cross MD MS 1
www.nathancross.net/

Senior Author:

Jonathan R. Medverd MD 1,2 faculty.washington.edu/jmed/

Authors:

  • Nathan Cross MD MS 1  
  • Vicky Nguyen MD 1 
  • Trey Fuller MD 1 
  • Diana Lam MD 1 
  • Somnath Prabhu MD 1 
  • Jonathan Medverd MD 1,2

1 University of Washington, Department of Radiology, Seattle, WA

2 Veterans Hospital Puget Sound, Department of Radiology, Seattle, WA

Acknowledgements:

We wish to thank the open source community for their contributions to this site, specifically:

References:

  1. Berlin JW, Lexa FJ. Finance for practicing radiologists. JACR 2005; 2(3):254–261.

  2. Leibenhaut MH. Radiology applications of financial accounting. JACR 2005; 2(3):241–253.

  3. Medverd JR, Dicks DL, Tang J, et al. Business of radiology 101: The state of radiology business practice and health care policy curricula at US radiology residency programs. J Am Coll Radiol 2012; 9(3):174–180.

  4. Nasca TJ, Philibert I, Brigham T, Flynn TC. The next GME accreditation system – rational and benefits. N Engl J Med 2012; 366(11):1051-1056.

  5. Prabhu SJ, Lam DL, Monroe EJ, Medverd JR. Business of radiology 101: interactive educational modules provide high efficiency learning of radiology business practice concepts by radiology residents. [Poster presentation at the 2012 ACR AMCLC, Washington, DC, May 2012].

  6. Seidmann A, Mehta T. Financial accounting for radiology executives. JACR 2005; 2(3):232–240.

  7. Yousem D, Beauchamp N, et al. Radiology Business Practice: How to Succeed. Philadelphia: Saunders Elsevier, 2008, Book.