| Last week, we posted a very interesting article from | | | | preventative medicine that takes out the big middle |
| the New York Times regarding the physician shortage, | | | | man (insurance companies), he is frowned upon. |
| and how it's about to get much worse. You're probably | | | | |
| thinking that this impending physician shortage is due to | | | | Perhaps one day we'll dive into the psychology behind |
| the passing of health care reform, but you'd be | | | | a patient's reactions to concierge medicine. It would be |
| surprise to know that much of it has nothing to do with | | | | an interesting study to understand why this form of |
| health care reform. Concierge medicine may be more | | | | medicine insights such interesting responses. But I |
| of an option than you ever realized. | | | | digress. |
| | | | | |
| As recently as 2005, more than two-thirds of medical | | | | What's interesting about the decline in private practices |
| practices were physician-owned — a share that had | | | | is that they just aren't equipped to handle the changes |
| been relatively constant for many years, the Medical | | | | that health care needs to be making. For example, |
| Group Management Association says. But within three | | | | take electronic health records. They will be required |
| years, that share dropped below 50 percent, and | | | | now that health care reform has passed, but private |
| analysts say the slide has continued. (NYTimes) | | | | practices just don't have the time, money nor |
| | | | | resources to convert their practices electronically. |
| Medical students are not only opting out of primary | | | | These computer systems are extremely expensive |
| care and turning to specialized practices, the very few | | | | and incredibly time consuming to set-up. Imagine |
| that are choosing primary care are graduating with so | | | | transferring every piece of paperwork in your entire |
| much student debt that they have no choice but to | | | | office to digital. It would take a lifetime. Small practices |
| accepted salaried positions at hospitals and health | | | | cannot compete with large organizations that have |
| systems. There is no longer any incentive for students | | | | people who do nothing else but transfer data. |
| to open, or even work in private practices. | | | | |
| | | | | For older doctors, the change away from private |
| Physician's wages are decreasing while their overhead | | | | practice can be wrenching, and they are often puzzled |
| is going up. Their hours are getting longer while their | | | | by younger doctors' embrace of salaried positions. |
| families are suffering. Patients are getting | | | | |
| ‘assembly line' treatment and diagnosis instead of | | | | "When I was young, you didn't blink an eye at being on |
| proactive, preventative health care because primary | | | | call all the time, going to the hospital, being up all night," |
| physicians are taking on more and more of them to | | | | said Dr. Gordon Hughes, chairman of the board of |
| cover costs. Where does it end? | | | | trustees for the Indiana State Medical Association. "But |
| | | | | the young people coming out of training now don't |
| According to The New York Times article, patients are | | | | want to do much call and don't want the risk of buying |
| losing the "intimacy of longstanding doctor-patient | | | | into a practice, but they still want a good lifestyle and a |
| relationships" when so many doctors are choosing | | | | big salary. You can't have it both ways." |
| salary over care. It's such juxtaposition, an ironic reality, | | | | |
| where graduating students are turning to salaried | | | | Concierge physicians kind of do have it both ways. |
| positions where they can make more money and | | | | This is what's interesting about this entire discussion, |
| spending less time with patients, and are respected for | | | | because by converting to a concierge practice, your |
| their choices. However, should a family physician who | | | | salary improves, your patient-doctor relationship |
| has been practicing for years decide to convert to a | | | | improves due to your 24-7 availability and on-call |
| concierge practice so he can become a more | | | | status, your quality of care improves, and overall things |
| effective doctor, spend more time providing affordable | | | | are pretty good. |