in an academic hospital: a large gathering of physicians, fellows, residents, and medical students making "rounds". when they walk to the halls to see each patient and incessantly chatter about random facts, obscure diagnoses, and brown-nose their way up the ladder. they are often carrying backpacks, textbooks, tuning forks, ophthalmoscopes, and other medical gizmos..

Usually a "clown parade" has 10 or more participants.
A-man did you see that medicine team come to the ICU on rounds?

B-yeah dude... clown parade... clown parade deluxe.

A- how can they spend all day doing that??
by observant MD April 27, 2010
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