Practice management involves overseeing all business aspects of a medical practice including financials, human resources, information technology, compliance, marketing and operations.
"We really should have a system that is patient-centric, physician-led, and professionally managed, but in a cost-effective way," Rick Snyder, MD, said.
Radiology ranks near the middle of physician specialties for overall lifestyle balance, but it has one notable advantage, according to a new analysis of physician salary information.
About 46.9% of physicians in the specialty said they work in a setting wholly owned by physicians, down from 63.6% in the inaugural 2012 survey from the American Medical Association.
These arrangements typically involve non-full-time employment, compensated on an hourly, shift or daily basis without benefits or annual salary, experts write in Pediatric Radiology.