Real world tips for a more successful practice

By Steven E. Fisher, MBA

Symposium serves up healthy slice of business acumen

Conventional wisdom once held that the three “As”—ability, affability, and availability—were enough to guarantee a successful medical practice. But with decreasing reimbursements, rising operational costs, increasing regulations, and the constant threat of litigation, three other letters—MBA (Masters in Business Administration)—may be just as important today. According to the most recent AAOS census, however, less than 1 percent of AAOS members have that MBA degree.

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