Welcome to the Class of 2027

We welcomed the Memorial Family Medicine Residency Class of 2027 on June 20, 2024! Look for them in the hospital and clinic starting July 1!

Osteopathic News – Initial Recognition!

The Memorial Family Medicine Residency Program was recently granted “initial recognition” for osteopathic recognition! Osteopathic Recognition is a designation conferred by the ACGME’s Osteopathic Principles

Contact Us

714 N. Michigan Street
South Bend, IN 46601


Mission & Values 

Program Size

30 Residents (10 per year)

About South Bend

City Size: 101,860


Home » Rotations » Financial Management

Financial Management

At the completion of this block, the resident will have developed an understanding of:

  •         How financial managers view the work of the practicing physician and care delivery systems in general
  •         The major accounting forms used in health systems to budget, monitor, and understand the financial health of an individual provider, group or system
  •         Charges, withholds, rebates, payments, adjustments (etc) in fee-for-service payment systems
  •         The concepts around direct doctor-patient contracting schemes like Direct Primary Care and Concierge medicine
  •         The basics of Value-Based Purchasing
  •         How an ACO works and other basics of shared savings and shared risk
  •         The basics of health care corporate taxation
  •         Issues around obtaining and servicing capital and capital project analysis

Residents should ideally:

  •         Meet with the System-level CFO and other leaders across the health system with budgetary oversight.
  •         Meet with individuals in Financial Planning, the Controller, Director of Materials and Inventory, Patient Accounts
  •         Attend meetings such as Finance Committee, Operations Planning, etc.
  •         Meet with a hospital or outpatient office Financial Counselor
  •         As appropriate, meet with those outside of Beacon doing similar things in their organization
  •         Meet or talk with individuals in organizations that they foresee themselves working with in their early career
  •         Discuss this topic with regional or national leaders in this field as they may be available through faculty or resident connections
  •         Do any assigned directed reading