Building Physician Leaders: Perceptions and Career Influences of an MBA in Ophthalmology

Purpose The landscape of healthcare delivery in the United States continues to evolve in reimbursement structure, emphasis on value, complexity of organizational structure, and more. A Master of Business Administration (MBA) degree may better equip ophthalmologists to meet the rising expectations to thrive in the field. This study aims to understand the utility of MBAs among ophthalmologists and as well as the perceptions of MD/MBA candidates among residency program leadership. Methods The authors distributed an online questionnaire covering perceptions & implications of an MBA to 108 MD/MBA ophthalmologists identified using AAO archives, Google search, and LinkedIn. Another online questionnaire covering perceptions of MD/MBA applicants was distributed to 120 residency program leaders via the Association of University Professors of Ophthalmology (AUPO). Results 30 ophthalmologists and 30 program leaders completed questionnaires, resulting in a response rate of 28% and 25% respectively. Most ophthalmologists did not have pre-MBA business experience and completed their MBA during medical school or 5+ years post-residency. The majority of respondents spend >50% of their time practicing clinically, but hold roles in health care administration, consulting, startups, and industry. Ophthalmologists perceive the MBA to be valuable to their clinical careers, with leadership and management skills gained, though highlight limited advantage in residency applications. A majority of program leadership reported positive perceptions of MD/MBA applicants though some voiced hesitations. Conclusions Ophthalmologists with an MBA endorse its significant value to their clinical careers and resulting ability to influence the healthcare landscape. Program directors also recognize the utility of the degree. The value of an MBA is acknowledged in the field and warrants closer evaluation as an indicator of attributes that contribute to future physician success.