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AAFP Residency Assessment Tool: Program Director Financial Competency

Program Director Financial Competency Assessment

Review the statements below and select the option that best reflects your residency program.
1. Program director can describe the financial process and the way budgets are negotiated.
5: Exemplary4: Effective3: Adequate2: Needs improvement1: Ineffective
2. Program director has a working knowledge of all revenues and expenses attributable to our program.
5: Exemplary4: Effective3: Adequate2: Needs improvement1: Ineffective
3. Program director understands how to apportion “academic” and “clinical” revenue and expenses in a way that allows the family medicine practice (FMP) clinical operations to be compared to other health system family medicine practices and is commonly agreed to by all financial stakeholders.
5: Exemplary4: Effective3: Adequate2: Needs improvement1: Ineffective
4. Program director participates fully in the budget process with the sponsoring and partner institutions.
5: Exemplary4: Effective3: Adequate2: Needs improvement1: Ineffective
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