{"id":10960,"date":"2018-09-27T00:00:00","date_gmt":"2018-09-27T00:00:00","guid":{"rendered":"http:\/\/medgoo.com\/index.php\/2018\/09\/27\/business-degree-increasingly-useful-for-doctors\/"},"modified":"2018-09-28T16:03:20","modified_gmt":"2018-09-28T16:03:20","slug":"business-degree-increasingly-useful-for-doctors","status":"publish","type":"post","link":"https:\/\/medgoo.com\/index.php\/2018\/09\/27\/business-degree-increasingly-useful-for-doctors\/","title":{"rendered":"Business Degree Increasingly Useful for Doctors"},"content":{"rendered":"<h3>With increased focus on value, business analysis skills sought after<\/h3>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p>THURSDAY, Sept. 27, 2018 (HealthDay News) &#8212; Having a Master of Business Administration degree (M.B.A.) can help doctors with important, practice-related decisions, according to a report published recently in <i>Physician Practice<\/i>.<\/p>\n<p>With the move to value-based care and increased scrutiny of health care costs, experts say a business approach to medicine is increasingly required. More medical schools are responding to this need by offering dual-degree M.D.\/M.B.A. programs. The number of such programs has grown from six in 1993 to more than 65 now.<\/p>\n<p>Having an M.B.A., can increase physicians&#8217; comfort in using spreadsheets and developing the financial analysis needed to make practice-related investment decisions, like buying or renting new equipment, real estate decisions, and practice acquisition strategy.<\/p>\n<p>&#8220;Health care is a business, and until you understand the language of business, it&#8217;s hard to do business in health care,&#8221; says Rich Joseph, M.D., M.B.A., a resident at Boston&#8217;s Brigham and Women&#8217;s Hospital, adding that there is still a gap in medical education&#8217;s ability to keep up the demands of health care delivery today.<\/p>\n<p><a href=\"https:\/\/www.physicianspractice.com\/healthcare-careers\/business-minded-physicians\" target=\"_new\">Abstract\/Full Text<\/a><\/p>\n<p><i><\/i><\/p>\n<p><i>Copyright \u00a9 2018 <a href=\"https:\/\/www.healthday.com\/\" target=\"_new\">HealthDay<\/a>. All rights reserved.<\/i>   <\/p>\n","protected":false},"excerpt":{"rendered":"<p>With increased focus on value, business analysis skills sought after<\/p>\n","protected":false},"author":6,"featured_media":10980,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[11],"class_list":["post-10960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news"],"_links":{"self":[{"href":"https:\/\/medgoo.com\/index.php\/wp-json\/wp\/v2\/posts\/10960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medgoo.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medgoo.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medgoo.com\/index.php\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/medgoo.com\/index.php\/wp-json\/wp\/v2\/comments?post=10960"}],"version-history":[{"count":0,"href":"https:\/\/medgoo.com\/index.php\/wp-json\/wp\/v2\/posts\/10960\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medgoo.com\/index.php\/wp-json\/wp\/v2\/media\/10980"}],"wp:attachment":[{"href":"https:\/\/medgoo.com\/index.php\/wp-json\/wp\/v2\/media?parent=10960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medgoo.com\/index.php\/wp-json\/wp\/v2\/categories?post=10960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medgoo.com\/index.php\/wp-json\/wp\/v2\/tags?post=10960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}