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Physician practices get absorbed by large national corporations and patient care gets reduced to metrics that administrators can tweak to extract more revenue a
by assblaster 7y ago
Physician practices get absorbed by large national corporations and patient care gets reduced to metrics that administrators can tweak to extract more revenue and profit. The benefits get paid to administrators as bonuses, while physicians see their salaries stagnate.
The corporitization of physician practices is destroying the profession.
- lotsofpulp 7y agoThe country also wants more supply of healthcare, at lower prices, while the supply of doctors remains constrained via the restriction on number of residency training spots each year. This is the root cause, insufficient supply in the face of demand, and it is manifesting itself in these various side effects.
- assblaster 7y agoThis is incorrect. There is no supply/demand relationship for pricing services. Doubling the number of trained physicians will not decrease healthcare costs, it will simply drive down physician annual income. The main driver of inflated healthcare costs is administrative waste: hospital management, insurance management, government management.
- commandlinefan 7y ago> patient care gets reduced to metrics that administrators can tweak So they’re applying “agile project management” then?
- rohitb91 7y agoThe takeover of real jobs by bullshit jobs