Strong financial management is key to responsible academic leadership. This collection of resources supports SMPH faculty in understanding budget processes, managing funds, and aligning financial decisions with institutional goals. Use Just in Time resources for quick insights and tools to assist with immediate financial tasks, and explore Deeper Dive materials for a thorough understanding of budgeting, forecasting, and strategic financial planning in academic medicine.
Just In Time
These Just In Time resources are ideal if you only have a couple of minutes to start finding out about Financial Management.
Budgeting Tips: Keeping Division Finances on Track
Practical strategies for hospitalist leaders to manage division finances across academic and community hospital settings.
Additional Resources:
Examines financial pressures reshaping academic medical leadership and balancing academic values with business demands.
Guide offering practical strategies for healthcare organizations to optimize financial operations and ensure sustainability.
Deeper Dive
If you have more time to invest, these Deeper Dive resources are longer and/or more in depth so you can gain a deeper understanding of Financial Management.
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Budgeting Basics for New Academic Chairpersons (PDF)
Budgeting Basics for New Academic Chairpersons
A guide providing new department chairs with practical strategies for managing departmental finances, navigating budget constraints, and working effectively with deans in challenging academic environments.
ND Lees, DJ Malik, JR Williams. “Budgeting Basics for New Academic Chairpersons.” (2019).
Complete Guide To Business Budgeting and Budget Management (Link)
The Complete Guide To Business Budgeting and Budget Management
Guide explains business budgeting components, types, management stages, and strategies for optimizing financial planning in growing companies.
A Oh. May 2025.
Medical research and health care finance: Evidence from Academic Medical Centers (Link)
Medical research and health care finance: Evidence from Academic Medical Centers
Research paper analyzes how financial pressures influence innovation strategies in Academic Medical Centers as they balance patient care with research missions post-healthcare reform.
P Azoulay, ML Heggeness, JL Kao. Medical Research and Health Care Finance: Evidence from Academic Medical Centers. No. w27943. National Bureau of Economic Research, 2020.
UWSMPH Financial Management, Reporting, and Budgeting (Link)
UWSMPH Financial Management, Reporting, and Budgeting
UWSMPH resource providing medical faculty with resources on financial management, budgeting, reporting, and institutional fiscal guidelines.