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Funds flow in academic neurology: A potential path to financial success.

Publication ,  Journal Article
Josephson, SA; Sacco, RL; Czech, JM; Maher, RN; Knutson, CS; Goldstein, LB
Published in: Neurology
May 5, 2020

Funds flow arrangements define the financial relationships between departments, medical centers, and university entities within a coordinated academic health system. Although these funds flow frameworks differ, common themes emerge including those that are unique in their influence on academic departments of neurology. Here, we review various funds flow models and their application. Four typical models are described, highlighting the advantages and disadvantages of each for neurology, keeping in mind that most academic health systems use a hybrid model. Several considerations are important when neurology departmental leadership participates in crafting or revising of these funds flow agreements, including choice of benchmarking targets, planning and funding for future growth, demonstrating value, and supporting nonclinical missions including education and research. The American Academy of Neurology Academic Initiative aims to continue to help academic departments nationally understand these issues and define funds flow arrangements that incorporate the unique characteristics of our specialty and allow us to provide outstanding care for patients while supporting the broad missions of neurology departments.

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Published In

Neurology

DOI

EISSN

1526-632X

Publication Date

May 5, 2020

Volume

94

Issue

18

Start / End Page

785 / 791

Location

United States

Related Subject Headings

  • Neurology & Neurosurgery
  • Neurology
  • Models, Economic
  • Humans
  • Financial Management
  • Academic Medical Centers
  • 3209 Neurosciences
  • 3202 Clinical sciences
  • 1702 Cognitive Sciences
  • 1109 Neurosciences
 

Citation

APA
Chicago
ICMJE
MLA
NLM
Josephson, S. A., Sacco, R. L., Czech, J. M., Maher, R. N., Knutson, C. S., & Goldstein, L. B. (2020). Funds flow in academic neurology: A potential path to financial success. Neurology, 94(18), 785–791. https://doi.org/10.1212/WNL.0000000000009377
Josephson, S Andrew, Ralph L. Sacco, Jane M. Czech, Rikki N. Maher, Claire S. Knutson, and Larry B. Goldstein. “Funds flow in academic neurology: A potential path to financial success.Neurology 94, no. 18 (May 5, 2020): 785–91. https://doi.org/10.1212/WNL.0000000000009377.
Josephson SA, Sacco RL, Czech JM, Maher RN, Knutson CS, Goldstein LB. Funds flow in academic neurology: A potential path to financial success. Neurology. 2020 May 5;94(18):785–91.
Josephson, S. Andrew, et al. “Funds flow in academic neurology: A potential path to financial success.Neurology, vol. 94, no. 18, May 2020, pp. 785–91. Pubmed, doi:10.1212/WNL.0000000000009377.
Josephson SA, Sacco RL, Czech JM, Maher RN, Knutson CS, Goldstein LB. Funds flow in academic neurology: A potential path to financial success. Neurology. 2020 May 5;94(18):785–791.

Published In

Neurology

DOI

EISSN

1526-632X

Publication Date

May 5, 2020

Volume

94

Issue

18

Start / End Page

785 / 791

Location

United States

Related Subject Headings

  • Neurology & Neurosurgery
  • Neurology
  • Models, Economic
  • Humans
  • Financial Management
  • Academic Medical Centers
  • 3209 Neurosciences
  • 3202 Clinical sciences
  • 1702 Cognitive Sciences
  • 1109 Neurosciences