EXECUTIVE BOOK SUMMARY

Below is a summary of the book written by CTI Leadership’s CEO, Mo Kasti, about Physician Leadership.

PHYSICIAN LEADERSHIP

THE Rx FOR HEALTHCARE TRANSFORMATION

Mo Kasti’s Physician Leadership: The Rx for Healthcare Transformation explains why physician leadership is an essential component to successful healthcare transformation and why most physicians are currently ill-prepared to lead others.

Kasti highlights the symptoms that physicians and healthcare organizations are experiencing as a result of a leadership vacuum and provides a solution that defines, measures, analyzes, improves, and verifies leadership evolution.

Many specific examples, which will resonate with anyone working in healthcare today, as well as successful case studies, are included.

WHY THIS BOOK

At almost 18% of GDP, our current healthcare cost structure is unsustainable. The industry must undergo a major transformation, a change akin to turning the proverbial barge during a hurricane.

As providers and payers begin the difficult process of transformation, the people who are the lifeblood of healthcare – physicians – are suffering some unintended, and unfortunate consequences:

  • An increasing number of physicians seek early retirement citing “burnout” while more retrench between private practices and hospitals.
  • Job dissatisfaction is at an all-time high, resulting in more than 20 percent of physicians moving to a different hospital within the third year of their hire.
  • Hospitals and physician practices are experiencing record levels of turnover with an average annual rate of nearly 7 percent.
  • The annual cost of turnover to healthcare organizations averages $1.25 million per physician.

KEY TAKEAWAYS

  • Medical education focuses on clinical skills, graduating generations of physicians taught to treat patients, but not to assume the critical leadership roles required in our turbulent age.
  • Medical educational focus is on individual excellence, not on quality outcomes.
  • We inadvertently produce doctors from the old paradigm, while the new health age cries out for new skill sets that include leadership, teamwork, collaboration and innovation.
  • When physicians disengage from their vocations, whether due to cynicism or burnout, healthcare transformation becomes impossible to achieve.
  • Physician leadership is not a position or a title, it is a mindset.
  • Where there is strong physician leadership, healthcare organizations benefit. They become exemplars of quality patient care and cost effectiveness.
  • Organizations that effectively develop physician leaders have demonstrated better engagement, better alignment, and better results for patients, employees, and business performance.
Leadership Book | Physician Leadership

Physician Leadership has strengthened our culture, and improved our ability to adapt to change because we have physicians leading physicians…When physicians develop answers together, they build solutions even as they strengthen their own relationships amongst each other. They believe in the objective because they own it. The ability to execute becomes exponentially greater when you have a strong bond of trust in a common culture, with a common way of approaching challenges and opportunities.

C. EdwardCEO, The Iowa Clinic

Mo Kasti has literally written the book on physician leadership. His knowledge and expertise come from developing physician leaders across the country. The Physician Leadership Institute has trained over a thousand physicians and the impact of his work is recognized throughout the industry.

Dr. Lennox HoyteCMIO, Surgeon at USF Health

"Mo Kasti demonstrates a keen understanding of the critical role of the physician in the long term success of healthcare operations world-wide.....Reading and understanding this well thought out guide will give you an advantage in improving healthcare system (and even smaller practice) outcomes related to physician behaviors and retention, staff satisfaction and engagement, a more positive patient experience and overall operational performance....This is well worth your time if you want to understand the role of the physician in transforming healthcare."

Dan EisenmanFrom Amazon on Jan. 29, 2016

"As a graduate of the Physician Leadership Institute I am excited to see that physicians that have not been able to participate is such training can read about the power of what physicians can bring to leadership. As a busy physician, I also like that the book is a short read. This allows physicians to further read about areas that they want to cultivate, rather than having long sections about all subjects of which some may not be pertinent to my practice."

Jose Colon, M.D.,MPH. PLI Fellow