Managing Hospitals by Physicians

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The intricate nature of the relationship between hospitals and physicians within the health care system has insightful outcomes on the economics as well as management of hospitals. Even though, their prominence is perpetually increasing, physicians usually are not paid work-persons of hospitals.


Moreover, in turn, hospitals are reliant on these physicians as a recommendation foundation for patient volume. This arrangement of the health care system is a very old tradition which has only presently illustrated the signs of transforming with the uprising of hospitalist physicians. It is more referred to as a strange economic relationship for the reason that the physicians seek advantage in financial terms from the use of hospitals but do not put up with the unswerving liability for the economic health of these institutions (Final Report, 2008).
The rock-strewn nuptial between physicians and hospitals is barely a novel occurrence. The stringency between the notion of the hospitals as a 'doctor's work-place', pertinent to medical regulation, and the hospital as an autonomous corporation with its own locus of control and an array of operations has buffed and diminished for a major part of the twentieth century (Stevens, 1989). ...
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