• Home
  • Practice Focus
    • Facial Plastic/Reconstructive
    • Head and Neck
    • Laryngology
    • Otology/Neurotology
    • Pediatric
    • Rhinology
    • Sleep Medicine
    • How I Do It
    • TRIO Best Practices
  • Business of Medicine
    • Health Policy
    • Legal Matters
    • Practice Management
    • Tech Talk
    • AI
  • Literature Reviews
    • Facial Plastic/Reconstructive
    • Head and Neck
    • Laryngology
    • Otology/Neurotology
    • Pediatric
    • Rhinology
    • Sleep Medicine
  • Career
    • Medical Education
    • Professional Development
    • Resident Focus
  • ENT Perspectives
    • ENT Expressions
    • Everyday Ethics
    • From TRIO
    • The Great Debate
    • Letter From the Editor
    • Rx: Wellness
    • The Voice
    • Viewpoint
  • TRIO Resources
    • Triological Society
    • The Laryngoscope
    • Laryngoscope Investigative Otolaryngology
    • TRIO Combined Sections Meetings
    • COSM
    • Related Otolaryngology Events
  • Search

Gaps in Medical Business Education Can Be Addressed Through Asynchronous Learning

by Ashley M. Nassiri, MD, MBA, David S. Haynes, MD, MMHC, and Matthew L. Carlson, MD • September 19, 2021

  • Tweet
  • Email
Print-Friendly Version
© ssguy / shutterstock.com

© ssguy / shutterstock.com

While the traditional characteristics of empathy, responsibility, and clinical acumen persist as the foundations of an excellent physician, these tenets alone are no longer sufficient in providing the best care for patients in today’s healthcare system.

You Might Also Like

  • COSM14: Case-Based Learning May Improve Medical Education
  • Adapt Medical School Curriculum to Residents’ Learning Style
  • Advanced Degrees Can Help Otolaryngologists Better Understand the Business of Medicine
  • Amazon Enters the Medical Supply Business
Explore This Issue
September 2021

In response to growing complexities in medicine, the role of the physician has evolved to not only care for individual patients, but also to critically evaluate and maximize the value that patients perceive through their care (Redefining Health Care: Creating Value-Based Competition on Results. Harvard Business School Publishing; 2006; What Does It Mean to Be a Good Physician Today? NEJM Catalyst Innovations in Care Delivery. 2016), to consider operational and financial aspects of care delivery (Otolaryngol Head Neck Surg. 2020;163:397-399; Arch Intern Med. 2001;161:1261-1266), and to lead teams that innovate in clinical care and practice management (Six Tests for Physicians and Their Leaders for the Decade Ahead. New England Journal of Medicine Catalyst Innovations in Care Delivery. 2020).

In other words, the modern physician exercises the principles of the business of medicine to provide comprehensive care for patients in today’s healthcare system.

Business Plans

Traditionally, medical education has emphasized diagnostics and treatments and has overlooked business training. Over time, physicians have often been sidelined in administrative decision-making—evident in the growing administrative personnel and associated costs that accounted for 34% of U.S. healthcare spending in 2017 (Ann Intern Med. 2020;172:134-142). Instead, to develop a more effective healthcare system, clinicians, as key stakeholders who are knowledgeable about patient care and uniquely positioned to identify granular operational deficiencies, should be among the primary decision makers.

To earn a seat at the table and have the opportunity to self-advocate, however, physicians must not only be clinically well-versed, but they also must be proficient in the areas of leadership, care delivery, and practice management.

Earning a formal degree such as a Master of Business Administration, nonetheless, isn’t required or practical for most physicians. Instead, a focused study of relevant business of medicine topics may better serve the specific needs of the modern physician. In the era of the COVID-19 pandemic, asynchronous learning, or remote study that’s completed within the learner’s schedule and time frame, has been increasingly used as a flexible alternative to traditional in-person classroom environments. Several online resources exist to empower physicians with the knowledge required to autonomously advocate for patients, physicians, and a more effective healthcare system. These resources highlight medically relevant business content, with teachings from world-renouned thought leaders.

Pages: 1 2 3 4 | Single Page

Filed Under: Departments, Home Slider, Viewpoint Tagged With: medical education, practice managementIssue: September 2021

You Might Also Like:

  • COSM14: Case-Based Learning May Improve Medical Education
  • Adapt Medical School Curriculum to Residents’ Learning Style
  • Advanced Degrees Can Help Otolaryngologists Better Understand the Business of Medicine
  • Amazon Enters the Medical Supply Business

The Triological SocietyENTtoday is a publication of The Triological Society.

Polls

Have you invented or patented something that betters the field of otolaryngology?

View Results

Loading ... Loading ...
  • Polls Archive

Top Articles for Residents

  • Applications Open for Resident Members of ENTtoday Edit Board
  • How To Provide Helpful Feedback To Residents
  • Call for Resident Bowl Questions
  • New Standardized Otolaryngology Curriculum Launching July 1 Should Be Valuable Resource For Physicians Around The World
  • Do Training Programs Give Otolaryngology Residents the Necessary Tools to Do Productive Research?
  • Popular this Week
  • Most Popular
  • Most Recent
    • The Dramatic Rise in Tongue Tie and Lip Tie Treatment

    • Otolaryngologists Are Still Debating the Effectiveness of Tongue Tie Treatment

    • The Best Site for Pediatric TT Placement: OR or Office?

    • Rating Laryngopharyngeal Reflux Severity: How Do Two Common Instruments Compare?

    • Keeping Watch for Skin Cancers on the Head and Neck

    • The Dramatic Rise in Tongue Tie and Lip Tie Treatment

    • Rating Laryngopharyngeal Reflux Severity: How Do Two Common Instruments Compare?

    • Is Middle Ear Pressure Affected by Continuous Positive Airway Pressure Use?

    • Otolaryngologists Are Still Debating the Effectiveness of Tongue Tie Treatment

    • Complications for When Physicians Change a Maiden Name

    • Leaky Pipes—Time to Focus on Our Foundations
    • You Are Among Friends: The Value Of Being In A Group
    • How To: Full Endoscopic Procedures of Total Parotidectomy
    • How To: Does Intralesional Steroid Injection Effectively Mitigate Vocal Fold Scarring in a Rabbit Model?
    • What Is the Optimal Anticoagulation in HGNS Surgery in Patients with High-Risk Cardiac Comorbidities?

Follow Us

  • Contact Us
  • About Us
  • Advertise
  • The Triological Society
  • The Laryngoscope
  • Laryngoscope Investigative Otolaryngology
  • Privacy Policy
  • Terms of Use
  • Cookies

Wiley

Copyright © 2025 by John Wiley & Sons, Inc. All rights reserved, including rights for text and data mining and training of artificial technologies or similar technologies. ISSN 1559-4939