Dr. Wang has focused his practice on treating upper extremity injuries and conditions, and is part of a team developing a nonoperative treatment for adhesive capsulitis. Here, Dr. Wang discusses the key challenges for orthopedists and the best opportunities for growth in the future.
Question: What are the top challenges you’re facing heading into 2019?
Dr. Edward Wang: 1. EMR technology has not kept pace with non-medical information technology.
2. Consolidation by health insurers and partnerships between industry and healthcare providers makes the future unpredictable for doctors in the trenches treating the patients.
3. Higher costs of providing care brought on by government regulations combined with increased downward pressure on reimbursement.
Q: What technology are you most excited about in the future?
EW: Ultrasound imaging and office-based arthroscopy, stem-cell treatments for rotator cuff healing and enzymatic treatment of frozen shoulder with collagenase enzyme.
Q: What is your best opportunity for growth?
EW: Patient outreach and patient education over the internet.
To participate in future Becker’s Q&As, contact Laura Dyrda at ldyrda@beckershealthcare.com.
For a deeper dive into the future of orthopedics, attend the Becker’s 17th Annual Future of Spine + Spine, Orthopedic & Pain Management-Driven ASC in Chicago, June 13-5, 2019. Click here to learn more and register.
More articles on orthopedic surgery:
Dr. Jason Weisstein: 3 Qs on the big challenges and best opportunities for orthopedic surgeons next year
Dr. Alpesh Patel: The biggest challenge in spine today + new innovations in spinal biologics
Tips for marketing an orthopedic practice in 2019
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
