Business administration training for dermatology residents: preparing for the business of medicine

Wang, Jordan V; Albornoz, Christian A.; Hazan, Ezra; Keller, Matthew; Saedi, Nazanin

doi:10.1016/j.clindermatol.2018.09.001

Cited by 11 publications

(9 citation statements)

References 5 publications

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“…20 In contrast, dermatologists generally lack adequate business administration training during residency, which likely affects their future practice and competitiveness in the crowded market. 21 In addition to helping physicians, this market analysis is also of importance to industry. The data show that national estimates of medical spas and cosmetic physician practices with body con- This certainly highlights the confusion that patients can experience when selecting a practice, since they are generally less aware than well-informed physicians.…”

Section: Discussionmentioning

confidence: 99%

“…Consumers should be aware that online reviews can be fake and even written by staff, family, friends, coerced patients, and reputation management and brand building firms 20 . In contrast, dermatologists generally lack adequate business administration training during residency, which likely affects their future practice and competitiveness in the crowded market 21 …”

Section: Discussionmentioning

confidence: 99%

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National market analysis for body contouring providers: Medical spas and physician practices

Wang

Murgia

Noell

et al. 2021

J of Cosmetic Dermatology

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In recent years, the field of cosmetic medicine has continued to expand, especially with the increasing popularity and availability of minimally and non-invasive treatments. In particular, body contouring modalities have experienced remarkable growth with the advent of techniques that utilize bulk cooling, bulk heating, and electromagnetic muscle stimulation (EMMS). [1][2][3][4][5][6] According to the most recent member survey of the American Society for Dermatologic Surgery (ASDS), there has been a fourfold increase in body contouring procedures in the past 7 years. 7 This can likely be explained by the latest ASDS consumer survey, which found that 84% of respondents were most bothered by excess weight on any part of the body. 8 In an attempt to meet the growing demand for cosmetic treatments, this field has witnessed a surge in the number of medical spas and non-physician operators. They can offer many procedures that were once only performed by physicians and which are often marketed at significantly reduced prices. As of 2018, there were over

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Section: Discussionmentioning

confidence: 99%

Section: Discussionmentioning

confidence: 99%

National market analysis for body contouring providers: Medical spas and physician practices

Wang

Murgia

Noell

et al. 2021

J of Cosmetic Dermatology

Self Cite

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“…In the ever‐evolving world of aesthetics, consumers regularly fall victim to those who develop the best marketing strategies. Unfortunately, dermatologists are often unprepared and the least adept to fight this battle 8 . However, the real power of cosmetic physicians is in their education and training.…”

Section: Discussionmentioning

confidence: 99%

“…Unfortunately, dermatologists are often unprepared and the least adept to fight this battle. 8 However, the real power of cosmetic physicians is in their education and training. They should ensure that their image and brand are appropriately portrayed to consumers to reflect this.…”

Section: Con Clus Ionsmentioning

confidence: 99%

Differentiation in a market of imitation: The evolving world of aesthetic dermatology

Wang

Saedi

Geronemus

2020

J of Cosmetic Dermatology

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This commentary examines the recent general movement in the field of cosmetic dermatology toward imitation and reproduction. The issues of medical spas, nonphysician operators, and counterfeit products have recently garnered interest in aesthetic dermatology. As physicians, it is our professional and bioethical responsibility to ensure that our patients are educated on the presence of medical spas, nonphysician operators, and counterfeit products in our field, especially given the discrepancies in patient safety and outcomes. There are also actions that dermatologists can take in order to help differentiate themselves in this current market. This will not only protect our field, but also our patients, who we are obligated to provide high‐quality care for as physicians.

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“…Our lack of training and knowledge in the business and politics of healthcare, [1][2][3] has marginalized physicians' roles in healthcare leadership and often even excluded us from important leadership roles in our profession. The systemic absence of such education and acumen may be due to the taxing demands of current medical educational models or to an erroneously peripheral categorization of nonclinical subjects.…”

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confidence: 99%

COVID and a call to reinventing medical education

Lattouf

2020

J Card Surg

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In this unique 1-year course, through a combination of in-person workshops, virtual learning, and small group projects, I, along with 130 surgeons, with varied backgrounds and specialties, from over 30 countries worldwide, learned the "A-to-Z" (and then some) of the business of medicine, and in particular as it relates to surgical practice. Whether it was thought-provoking leadership discussions with the Dean of Harvard Medical School, challenging business case studies with the Dean of Harvard Business School, or the numerous other engaging interactions with world-renowned faculty, professors, CEOs, innovators, scientists, and entrepreneurs, we literally were exposed and had direct access to the world's best and brightest. And it was through these interactions that we, surgeons, learned how to write business plans, negotiate skillfully, market our strengths (and weaknesses), balance hospital budgets, hire and fire effectively, manage complex teams; resolve conflicts, brand our images as both physicians and leaders, and so much more.

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Business administration training for dermatology residents: preparing for the business of medicine

Cited by 11 publications

References 5 publications

National market analysis for body contouring providers: Medical spas and physician practices

National market analysis for body contouring providers: Medical spas and physician practices

Differentiation in a market of imitation: The evolving world of aesthetic dermatology

COVID and a call to reinventing medical education

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