What is the Role of Board Certification in Administrative Medicine?
One of the most significant changes to the healthcare sector in recent years is the gradual movement from small family practices to large healthcare organizations. These days medicine’s big business, and recent healthcare reforms further incentivized the consolidation of power and creation of new leadership opportunities. At the American Board of Physician Specialties®, we recognized the increasingly important role that Administrative Medicine serves in healthcare, which is why we developed the American Board of Administrative Medicine® (ABAM) – the first board of its kind to offer full board certification honors to a physician with extensive business experience as well as medical training.
Developing ABAM was “an important step toward standardizing what the skills and abilities are that make physician leaders most effective in leading change,” says Christopher Kodama, MD, MBA. Across the healthcare industry, board certification has become the preferred method for demonstrating competency. To be eligible to pursue certification through the ABAM, candidates must meet rigorous eligibility requirements, and must have completed a master’s degree in business administration, medical management, or health management. Alternatively, they may demonstrate that they have five years of documented cumulative experience in a leadership position.
Board certification in Administrative Medicine is an opportunity for highly motivated physicians who have extensive experience and training in business to present themselves to peers, employers, and prospective employers as leaders in the industry. Where healthcare organizations are often led by individuals with no formal medical background, Diplomates of the ABAM will be compelling candidates for advancement because of their unique insights into management and medicine. As Nicholas M. Holmes, MD, MBA, explains, board certification “allows physicians to have equal seating at the table with those who do not have a medical background.”
To learn more about the ABAM and the role of board certification in administrative medicine, contact us today. The ABPS is the official certifying body of the American Association of Physician Specialists, Inc.®