Skip to main content

The Business and Finance of Surgical Education

  • Chapter
  • First Online:
Success in Academic Surgery: Developing a Career in Surgical Education

Part of the book series: Success in Academic Surgery ((SIAS))

  • 368 Accesses

Abstract

As funding streams for graduate medical education undergo changes at the federal, state and institutional levels, surgery departments need to find innovative ways to provide a high-quality education to medical students and surgical trainees. To further compound the issue, technological advances in medicine, changing population demographics and transformations in healthcare delivery all increase the cost of providing a comprehensive surgical education in an increasingly unstable funding environment. With predictions of a significant general surgeon shortage in 2050, surgical departments need to be savvy in resource allocation and utilization to meet this demand. The business and financing of surgical education needs to be fiscally responsible, innovative and solution-driven to adequately tackle the currently dynamic medical and funding landscape.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 59.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 79.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Further Reading

  • Committee on the G, Financing of Graduate Medical E, Board on Health Care S, Institute of M. In: Eden J, Berwick D, Wilensky G, editors. Graduate Medical Education That Meets the Nation’s Health Needs. Washington, DC: National Academies Press.

    Google Scholar 

  • Mallon WT, Jones RF, Mallon WT, Jones RF. How do medical schools use measurement systems to track faculty activity and productivity in teaching? Acad Med. 2002;77:115–23.

    Article  Google Scholar 

  • Metzler I, Ganjawalla K, Kaups KL, Meara JG. The critical state of graduate medical education funding. Bull Am Coll Surg. 2012;97(11):9–18.

    PubMed  Google Scholar 

  • Schuster BL. Funding of graduate medical education in a market-based healthcare system. Am J Med Sci. 2017;353(2):119–25.

    Article  Google Scholar 

  • Sites S, Vansaghi L, Pingleton S, Cox G, Paolo A. Aligning compensation with education: design and implementation of the educational value unit (EVU) system in an academic internal medicine department. Acad Med. 2005;80(12):1100–6.

    Article  Google Scholar 

  • Williams R, Dunnington G, Folse R. The impact of a program for systematically recognizing and rewarding academic performance. Acad Med. 2003;78(2):156–66.

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to C. Max Schmidt .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2019 Springer Nature Switzerland AG

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Obeng-Gyasi, S., Schmidt, C.M. (2019). The Business and Finance of Surgical Education. In: Pugh, C., Sippel, R. (eds) Success in Academic Surgery: Developing a Career in Surgical Education. Success in Academic Surgery. Springer, Cham. https://doi.org/10.1007/978-3-030-19179-5_10

Download citation

  • DOI: https://doi.org/10.1007/978-3-030-19179-5_10

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-19178-8

  • Online ISBN: 978-3-030-19179-5

  • eBook Packages: MedicineMedicine (R0)

Publish with us

Policies and ethics