NBME President and CEO Peter J. Katsufrakis, MD, MBA, has been recognized as one of the Philadelphia Business Journal’s 2024 Most Admired CEOs. This prestigious award highlights Dr. Katsufrakis’ contributions to NBME, the healthcare community, and the Greater Philadelphia area.
The Award and Its Significance
Each year, the Philadelphia Business Journal invites nominations for its Most Admired CEO award, selecting recipients based on:
- Current leadership roles and responsibilities
- Organizational impact and success
- Community involvement and contributions
- Positive influence in Greater Philadelphia
NBME President Dr. Katsufrakis, alongside 24 other distinguished leaders, was honored at an exclusive event on December 12. His achievements were featured in a special edition of the Philadelphia Business Journal, celebrating his transformative leadership at NBME.
Dr. Katsufrakis’ Journey at NBME
Since joining NBME in 2007, Dr. Katsufrakis has played a pivotal role in shaping the organization’s direction. Initially tasked with overseeing healthcare professionalism assessments, his leadership qualities quickly became evident.
In his current role as CEO, NBME President Dr. Katsufrakis has:
- Led cultural transformations within NBME, promoting adaptability and growth
- Inspired staff through transparent communication and clear articulation of the organization’s mission
- Advanced diversity, equity, and inclusion initiatives
- Spearheaded programs supporting underserved learners, promoting health equity
Leadership That Inspires
NBME President Dr. Katsufrakis’ leadership philosophy emphasizes collaboration and authenticity. As noted by Andy Farella, MS, Senior Vice President of Information Technology and Chief Information Officer at NBME:
“Peter’s charisma and clear articulation of NBME’s mission inspire me and the NBME team to perform our best every day. He effectively illustrates how our work impacts healthcare professionals.”
Farella further highlighted NBME President Katsufrakis’ ability to navigate challenges with optimism and realism, fostering confidence across the organization.
Source: NBME.org
Community Impact and Advocacy
Beyond his internal leadership, NBME President Dr. Katsufrakis has championed NBME’s Community Collaborations and Contributions programs. These initiatives have:
- Supported traditionally underrepresented learners
- Advanced medical education research
- Promoted healthcare equity across Greater Philadelphia and nationally
His passion for education and advocacy extends from his experiences as a clinician and educator, shaping policies that directly benefit students and healthcare professionals alike.
A Certified Great Place to Work
Under Dr. Katsufrakis’ leadership, NBME has been certified as a Great Place To Work® for two consecutive years. In 2023, 85% of employees surveyed expressed satisfaction with their workplace, surpassing the national average of 57%.
Joshua Demaree, Senior Editor of Test Development at NBME, praised Dr. Katsufrakis’ approachability:
“Whether addressing our board or chatting with staff in the hallway, Peter’s genuine interest in others’ thoughts stands out. As co-lead of our LGBTQIA+ employee resource group, I’ve witnessed his commitment to fostering an inclusive environment.”
A Career Rooted in Service and Education
NBME President Dr. Katsufrakis’ career reflects a deep commitment to service and education. His journey includes:
- Undergraduate Degree – University of California, Berkeley
- Medical Degree – University of California, San Diego
- MBA – University of Southern California (USC)
- Family Medicine Residency – Santa Monica Hospital (HIV epidemic era)
His experience caring for HIV patients during the early epidemic shaped his passion for medical education and leadership. As director of clinical training at USC’s AIDS Education and Training Center, he trained faculty and residents, preparing them for the evolving landscape of patient care.
Dr. Katsufrakis holds active medical licenses in Pennsylvania and California and maintains board certification through the American Board of Family Medicine. His memberships include:
- American Academy of Family Physicians
- Coalition for Physician Accountability
- College of Physicians of Philadelphia
FAQ
What is the significance of Dr. Peter J. Katsufrakis being recognized as a Most Admired CEO?
Dr. Katsufrakis’ recognition highlights his transformative leadership at NBME, dedication to promoting health equity, fostering an inclusive workplace, and making lasting contributions to the Greater Philadelphia area and beyond. This award acknowledges his impact on medical education, community initiatives, and employee engagement.
Looking to the Future
As NBME continues to evolve, Dr. Katsufrakis remains focused on fostering innovation and inclusivity. His leadership ensures that NBME remains at the forefront of medical education assessment, preparing future healthcare professionals to meet the needs of diverse patient populations.
Join the Conversation
Dr. Katsufrakis’ recognition as a Most Admired CEO not only celebrates his achievements but also highlights the collective success of the NBME team. What are your thoughts on this recognition? How do you see leadership impacting healthcare organizations? Share your insights and join the conversation below!
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