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Review
. 2021 Jul;112(1):3-9.
doi: 10.1016/j.athoracsur.2020.09.010. Epub 2020 Oct 16.

Understanding Institutional Finance 101: Leadership Beyond the Operating Room

Jeremy J Whitford  1 , Robert Hewlett 3rd  2 , Richard L Prager  3
Affiliations
Review

Understanding Institutional Finance 101: Leadership Beyond the Operating Room

Jeremy J Whitford et al. Ann Thorac Surg. 2021 Jul.

Abstract

The purpose of this invited review is to promote understanding of fundamental health care finances, to gain acknowledgement of financial realities in our institutions, and to expand the "tool box" for cardiothoracic surgeons.

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Figures

Figure 1
Figure 1
Strategic and operating plan cycle.
Figure 2
Figure 2
Financial formula.
Figure 3
Figure 3
Consolidated financial income statement.
Figure 4
Figure 4
An example of an activity sheet for the Frankel Cardiovascular Center at the University of Michigan.
See this image and copyright information in PMC

References

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