Learn How to Navigate the Paradigm Shift in Health Care

Changes in technology and business practices have transformed the delivery of health care. This year’s Practice Management Summit will arm cardiothoracic surgeons with the information that they need to succeed in this evolving environment. 

One of the greatest changes over the past 10 to 15 years is the decreasing number of cardiothoracic surgeons in private practice, with most cardiothoracic surgeons now employed by or affiliated with a hospital system.

Practice Management Summit

Sunday, January 28
8:00 a.m. – 12:00 p.m.
Rooms 304-305

“Our specialty is very hospital-based, primarily because we are involved with major operations and use expensive equipment. Increasing overhead costs and changes in reimbursement have made it difficult for cardiothoracic surgeons to be in private practice,” said moderator Frank L. Fazzalari, MD, MBA, Chair of the STS Workforce on Practice Management.

A panel of experts on the business aspects of cardiothoracic surgery will help attendees better position themselves for success, whether they are self-employed or hospital-employed. Discussions about contracts will include perspectives from both the employee and employer perspectives. Information also will be presented on fair market value compensation for cardiothoracic surgeons in the United States.

“This information is very important for surgeons who are negotiating employment contracts,” said Dr. Fazzalari.

Experts also will discuss professional opportunities for cardiothoracic surgeons at the corporate level, how health care providers can cope with uncertainty and unexpected surprises, and how organizations can be designed to be more reliable and resilient. “Our presenters are at the leading edge of changes in the clinical and financial aspects of cardiothoracic surgery,” Dr. Fazzalari said, noting the Summit’s important benefit of speaker-attendee interaction. “We’ll have plenty of time for discussion, so attending the Summit will be a great way to have your questions answered.”

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