Business knowledge in surgeons

American Journal of Surgery
Bhagwan Satiani

Abstract

Surgeons and residents in training receive little, if any, formal education in the economic side of clinical practice during medical school or residency. As medical professionals face shrinking reimbursement, loss of control over health care decisions, and limited resources, surgical specialties must reevaluate the need to teach their members business survival skills. Before designing business related-teaching modules, educators must know the exact gaps in knowledge that exist among surgeons. This article reports a survey of 133 surgeons in the Midwest who were asked to rate their knowledge base in 11 business topics relevant to the practice of medicine. The survey showed that the average surgeon perceives himself or herself to be poorly equipped to understand basic financial accounting principles, financial markets, economics of health care, tools for evaluating purchases, marketing, budgets, antitrust and fraud and abuse regulations, and risk and return on investments. Armed with this data, teaching faculty, health care systems, and medical specialty societies should design business education seminars to better position surgical specialists and trainees to communicate with insurers, hospital administrators, health care organi...Continue Reading

References

Dec 22, 2000·BMJ : British Medical Journal·I Morrison, R Smith
May 18, 2001·Archives of Surgery·G B Zelenock, C S Zambricki

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Citations

Jun 24, 2014·Journal of the American College of Surgeons·Philip Y WaiPaul C Kuo
Jul 10, 2014·The Journal of Surgical Research·Jason S MizellRichard H Turnage
Dec 3, 2014·American Journal of Surgery·Shanu N Kothari
Feb 18, 2014·Journal of the American College of Surgeons·Mark L FriedellJon B Morris
Mar 5, 2011·Journal of the American College of Radiology : JACR·Tatum A McArthurReginald Munden
Sep 21, 2010·Journal of the American College of Surgeons·Linnea S HaugePaul A Taheri
Aug 20, 2009·Academic Emergency Medicine : Official Journal of the Society for Academic Emergency Medicine·Thomas FalvoJames T Amsterdam
Aug 25, 2006·The Annals of Thoracic Surgery·David R JonesJanet L Heinzmann
Nov 22, 2017·World Journal of Surgery·Anthony D TurnerWeidun Alan Guo
May 17, 2018·Southern Medical Journal·Sherine SalibAlejandro Moreno
Jan 19, 2007·Plastic and Reconstructive Surgery·Jafar S HasanPaul A Taheri
Oct 30, 2008·HSS Journal : the Musculoskeletal Journal of Hospital for Special Surgery·Thomas P Sculco, Ilsa P Klinghoffer
Jul 12, 2020·Journal of Cardiac Surgery·Omar M Lattouf
Oct 13, 2020·Journal of Cardiac Surgery·Erin Iannacone, Mario Gaudino

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