Physician practices are a key component of the U.S

Physician practices are a key component of the U.S. healthcaresystem. According to the text a significant amount of revenue thatthe healthcare industry generates can be directly linked to thecare that physicians provide for their patients. In additionphysicians in a medical practice add to this revenue stream byadmitting patients to a hospital prescribing prescriptionmedication ordering home health services and medical equipmentand referring their patients to other healthcare providers for careand treatment. As a future healthcare administrator it isimportant for you to demonstrate an understanding of the challengesand opportunities that todays physicians face in providing qualityhealthcare services.Write a four to six page (4-6) paper in which you: 1.Compare themain various forms of medical group practice. Next select the formthat would be most attractive to a newly licensed physician.Justify your selection. 2.Analyze how the role of the physician ina medical practice has changed in the past twenty (20) years.Assess three (3) specific challenges that todays physicians faceas members of a medical group practice. Support your response.3.Suggest three (3) specific competencies that a physician shoulddemonstrate to be successful as a practice manager. Next determinethree (3) hurdles that a physician might face as the leader of agroup practice. Provide rationale for your response. 4.Assess thevalue of effective Human Resources Management (HRM) in a medicalpractice. Suggest three (3) functions of HRM necessary to attractand retain the type of employees needed for the practice in orderto achieve long-term success. Support your recommendations withspecific examples of how each function impacts the overall successof the practice. 5.Determine three (3) aspects of consumer behaviorthat the physicians practice management should consider as part ofan effective marketing strategy for medical practices. Provide arationale for your response. 6.Use at least three (3) qualityacademic resources. Note: Wikipedia does not qualify as an academicresource. 7.Format your assignment according to the followingformatting requirements: a.Typed double spaced using Times NewRoman font (size 12) with one-inch margins on all sides. b.Includea cover page containing the title of the assignment the studentsname the professors name the course title and the date. Thecover page is not included in the required page length. c.Include areference page. Citations and references must follow APA format.The reference page is not included in the required page length.The specific course learning outcomes associated with thisassignment are: Evaluate the role of physicians as practiceadministrators and determine the administrative challenges facingtodays practice managers. Develop an inventory of keycompetencies administrators need to effectively manage medicalgroup practices. Develop a recruitment strategy to improve talentselection options for a medical practice. Use technology andinformation resources to research issues in physicians practicemanagement. Write clearly and concisely about physicians practicemanagement using proper writing mechanics.

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