This study highlights the importance of financial stability for surgical leaders. It outlines key strategies employed over six years to increase revenue and manage expenses. By expanding faculty, advocating for more resources, and seeking external funding, the department raised revenue by 66%. While expenses also grew by 74%, leaders can potentially offset these by optimizing billing and increasing clinic capacity. The research emphasizes the complexity of financial stability, involving various stakeholders and interests, and the need for surgical leaders to master revenue and expense management.
Journal Article by Loftus TJ, McDowell LD and Upchurch GR in BMC Surg
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