You were recently hired to manage a new primary care physician’s office. The physician’s office will be located downtown in a major metropolitan area with significant competition.

You were recently hired to manage a new primary care physician’s office. The physician’s office will be located downtown in a major metropolitan area with significant competition. You need to establish the organization’s purpose and financial objectives.  What items should you consider in establishing the organization’s purpose?

• What organizational purpose should you suggest to the physician owners?
• What should the financial objectives of the organization be?

Criteria

– 2 – 3 pages

– Content/Accuracy .. Fully coherent understanding of setting organizational purpose and financial objectives in establishing a business. Student has read and comprehended key terms and concepts and has made appropriate selections for type of business presented. (6 pts)

– Presentation MechanicsStudent has utilized APA format and writing reflects graduate level work. (2 pts)

– This criterion is linked to a Learning OutcomeReferencesEvidence of text concepts and terminology incorporated, and student has sourced external, relevant content in addition to assigned text (Introduction to the Financial Management of Healthcare Organizations, Eighth Editionby Michael Nowicki ) (2 pts)