Clean Sweep Live Auction on Wed. February 27th. Click to view the full inventory

DOTmed Home MRI Oncology Ultrasound Molecular Imaging X-Ray Cardiology Health IT Business Affairs
News Home Parts & Service Operating Room CT Women's Health Proton Therapy Endoscopy HTMs Mobile Imaging
Current Location:
> This Story

starstarstarstarstar (1)
Log in or Register to rate this News Story
Forward Printable StoryPrint Comment




Business Affairs Homepage

Maybe competition is good for what 'ails' hospitals Mergers may be good for business, but what about patients?

Frost & Sullivan outline 10 growth factors for precision imaging market Market predicted to be more than $8 billion by 2027

RadNet buys Kern Radiology The Bakersfield, California imaging group includes four offices

More of GE healthcare unit could be on block: CEO CEO Culp speaks in post-earnings call after company exceeds Q4 expectations

Philips, Lunit, Vuno in healthcare AI deal Forging partnerships to advance AI applications

Trade war forcing Philips to move production between US, China CEO van Houten addresses company growth in earnings call

Aetna, Anthem, Health Care Service, PNC Bank and IBM collaborate on healthcare blockchain 'ecosystem' Increasing industry transparency

Clinical wearables – remaining competitive in an evolving market Insights from Ravi Kuppuraj, Business Leader of Connected Sensing Venture for Philips

Mass General plans $1 billion new building Adding a 12-story building with 450 single-bed rooms

iSchemaView, NeuroLogica partner for stroke care Bringing the RAPID platform to the portable CereTom CT

Little correlation found between quality of care and cost of physician services

by John W. Mitchell , Senior Correspondent
Contrary to conventional thinking, paying more to see an expensive doctor will not necessarily yield better results.

This was the finding of a study just published in the most recent issue of Health Affairs.

Story Continues Below Advertisement

Has exclusive distribution agreement with DDD to sell new Camera systems

UMRi provides the very best new & refurbished gamma cameras, quality parts &repair services. We also rebuild & replace camera detectors, move camera systems across town or across the country. Call us at 888-239-3510

One of the study authors told HCB News they looked at the issue in light of the increasing consolidation trend underway in the physician practice sector. Eric Roberts, Ph.D. a postdoctoral fellow at the Harvard Medical School of Health Policy, told HCB News that the solo practice model for practicing medicine is shrinking as doctors' offices merge into large multi-specialty groups.

"Larger practices often are able to negotiate higher prices with insurers, which ultimately makes them more expensive for consumers," said Roberts. "We wanted to see whether larger practices that negotiated higher prices actually provided better care for their patients."

The study reviewed Medicare patient survey data and health care claims for practices that provided some primary care services. These practices were classified as high-price or low-price.

The researchers discovered that high-price practices were nearly four times larger and received an average of $84.45 for an office visit, 36 percent more than the $62.06 that their low-price counterparts received.

Notably, there was minimal difference between the high and low-cost practices based upon a broad range of measures including patient experience, preventative care, acute care use and spending. The patients in high-cost practices fared slightly better for a few measures, including care coordination, receiving vaccinations, and shorter waiting times.

"Our results suggest that the benefits to patients of getting care in higher-priced physician groups are quite limited," said Roberts. "Further, our findings cast doubt on whether larger and pricier physician groups offer a value proposition to insurers and consumers — whether going to a more expensive doctor will improve care and ultimately save money by reducing patients' use of costlier hospital services."

According to Roberts, the study (which did not include concierge medicine practices) demonstrates the difficulty of applying general economic rules in medicine.

"In markets for most goods and services, intuition and economic theory both suggest that products differentiated on quality also differ on price," explained Roberts. "Our study shows that this intuition does not always hold up in the health care sector. A variety of factors might underlie this disconnect between price and quality."

These "disconnect" factors include: care in larger practices may be less personalized; patients are not price sensitive as their negotiated insurance rates influence their purchasing decisions; and patients often do not have an understanding of health care quality measures.

"As the landscape of quality reporting evolves, researchers and policymakers will be continuing to monitor the relationship between health care prices and quality," said Roberts.

Business Affairs Homepage

You Must Be Logged In To Post A Comment

Increase Your
Brand Awareness
Auctions + Private Sales
Get The
Best Price
Buy Equipment/Parts
Find The
Lowest Price
Daily News
Read The
Latest News
Browse All
DOTmed Users
Ethics on DOTmed
View Our
Ethics Program
Gold Parts Vendor Program
Receive PH
Gold Service Dealer Program
Receive RFP/PS
Healthcare Providers
See all
HCP Tools
A Job
Parts Hunter +EasyPay
Get Parts
Recently Certified
View Recently
Certified Users
Recently Rated
View Recently
Certified Users
Rental Central
Rent Equipment
For Less
Sell Equipment/Parts
Get The
Most Money
Service Technicians Forum
Find Help
And Advice
Simple RFP
Get Equipment
Virtual Trade Show
Find Service
For Equipment
Access and use of this site is subject to the terms and conditions of our LEGAL NOTICE & PRIVACY NOTICE
Property of and Proprietary to DOTmed.com, Inc. Copyright ©2001-2019 DOTmed.com, Inc.