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The assumptions are incorrect. Medical associations may influence supplies to some degree but they don't set the price. Supply, demand, and what the market may
by Nasrudith 6y ago
The assumptions are incorrect. Medical associations may influence supplies to some degree but they don't set the price. Supply, demand, and what the market may bear do. There are also really several different healthcare systems. The government can set say VA rates and medicare to some degree. The sort of balancing done is encouraging more family doctors.
Radiology and anesthesiology are also two "cash cows" of procedures. All of internal medicine wants radiology for tests and needs anesthesiologists if surgical remedies are required.
Primary care pays less because it requires less additional training than the specialties. Although some specialties aren't higher - Children's Oncology for instance.
- spaetzleesser 6y agoI was thinking about this: https://en.wikipedia.org/wiki/Specialty_Society_Relative_Value_Scale_Update_Committee https://en.wikipedia.org/wiki/Specialty_Society_Relative_Val... "Supply, demand, and what the market may bear do." I agree about "what the market may bear". Normal supply and demand market ideas really don't apply to a lot of medical areas.