AAPL believes physician leaders who are pursuing leadership education and training — and the organizations that are supporting their effort — should be able to clearly see the value of their time, money, and effort.

Physician Leadership: More Valuable Than Ever —

A White Paper from the American Association for Physician Leadership

Influence

Becoming: Navigating Choices, Crafting Legacy, and Forging Impact as a Clinician

Kardie Tobb, DO, MS, CPE, FACC, FASPC, FACOI

Graduation marks the start of your journey as a doctor, but the question arises: "What now?" Your career path is vast and uncertain, offering choices to forge impact, legacy, and significance.

Governance

Professional Services Agreements Versus Employment

Max Reiboldt, CPA, MBA

Professional Services Agreements (PSAs) and employment are two primary affiliation models for hospitals and physician practices. PSAs offer flexibility and independence, while employment provides stability but restricts external activities. Both require compliance and fair market compensation.

Environmental Influences

Don’t Underestimate the Power of Customer Referrals

Fred Reichheld, Jamie Cleghorn

Companies that systematically track referral behavior uncover a powerful, underutilized growth engine. An analysis of more than 10 million consumers reveals that while about 20% of new customers come through referrals, they account for 72% of the profits all new customers generate.

SoundPractice

Investing Without Hype: What Physicians Need to Know About Money, Noise, and Discipline with Ed Coburn

Ed Coburn

Physicians face unique financial pressures — from student debt to market noise. In this episode of SoundPractice, Ed Coburn of Cabot Wealth Network joins Mike Sacopulos to discuss how physicians can cut through hype, avoid common investing pitfalls, and build disciplined financial habits for long-term success.

Strategic Perspective

The Leadership Learning Curve: Dr. Vidhya Prakash on Imposter Phenomenon and Adaptive Leadership

Vidhya Prakash, MD

Dr. Vidhya Prakash shares her leadership journey, tackling imposter phenomenon, adaptive leadership, and equity in medicine. She emphasizes listening, mentorship, and physician-led leadership.

Resilience

Our Favorite Management Tips on Learning from Failure

Harvard Business Review

Our Management Tip of the Day newsletter continues to be one of HBR’s most popular newsletters. In this article, we’ve compiled 10 of our favorite tips on learning from failure, from how to apologize to a customer to how to get your team back on track when a project is failing.

New Book

Career Prescription Guide: A Physician's Guide for Career Transformation or Advancement

Pamela C. Sullivan, MD, MBA, CPE, FACP, FCUCM, PT

This guide empowers physicians to navigate career transitions with confidence, align decisions with values, prevent burnout, and achieve fulfillment.

c1 Sullivan CareerPrescription

Economics

The Market Forces Quietly Adding Thousands to Patient Bills

Elisabeth Rosenthal

This article examines how vertical integration in healthcare drives up costs and limits patient choice. It highlights examples of hospitals and insurers consolidating power, impacting affordability and care quality.

People Management

You Need to Understand Your Employees’ Caregiving Responsibilities

W. Brad Johnson, David G. Smith

Employees regularly balance work with caregiving responsibilities, whether it is child care, eldercare, or caring for another family member. Yet many organizations lack visibility into who their caregivers are and what support they need.

Governance

The Culture of Your Healthcare Practice: Putting the Pieces Together

Owen J. Dahl, MBA, FACHE, LSSMBB

This article explores the role of organizational culture in healthcare, using Schein's framework to examine shared values, leadership by physicians, cultural styles, and strategies for sustainable success.

Environmental Influences

How Japan’s Oldest Companies Navigate Uncertainty

Claudio Fernández-Aráoz, Masahiro Kotosaka, Yasushi Maruyama, Gregory Nagel

In the period from 1994 to 2024, Japan’s family businesses matched or exceeded the returns of peers in the United States, Germany, and Canada while taking on far less risk. Their advantage came not from better forecasting but from a durable architecture: a clear philosophy, an ultra-long-term perspective, values embedded in operations, disciplined evolution, patient capital, and careful succession planning. Companies in different geographies and with different corporate structures can follow these same principles to better navigate uncertainty.

Financial Management

Avoiding Malpractice Claims and Licensing Board Complaints

Michael B. Spellman, PhD

Malpractice claims and licensing complaints risk finances, morale, and reputation. Prevention includes compassionate care, clear communication, addressing concerns, and strong documentation to reduce disputes.

LEADERSHIP IS LEARNED™

For over 50 years.

The American Association for Physician Leadership has helped physicians develop their leadership skills through education, career development, thought leadership and community building.

The American Association for Physician Leadership (AAPL) changed its name from the American College of Physician Executives (ACPE) in 2014. We may have changed our name, but we are the same organization that has been serving physician leaders since 1975.

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