Financial Times on doctors with MBA’s

This is an issue that I talk about quite a bit with colleagues: the notion that as we train a new generation of physicians, they will need a constellation of skills above and beyond their classical medical training. One such area has to do with business know how. Today’s Financial Times (click on the link above) has an excellent article about this new niche in business education.

Money quote:

In the fast-changing world of modern healthcare, the job of a doctor is more and more like the job of chief executive. The people who run hospitals and physicians’ practices don’t just need to know medicine. They must also be able to balance budgets, motivate a large and diverse staff and make difficult marketing and legal decisions.