Wednesday, September 15, 2010

Conflict of Interest

I've been ranting for some time about the cost of medical procedures and the quick rush to perform the most expensive thing possible for the patient.  In particular the overuse of Versed, which quite conveniently makes for an addional few thousand dollars tacked on to the bill...  Here's an article about my ill advised and uninformed surgery for my distal radius fracture.  I believe that my surgeon is part owner of the place where this surgery was performed. 

The Man-Nurse Diaries

Here's the article reproduced from the above link...

Monday, August 23, 2010

Cha-Ching - Financial incentives affect surgical decisions

This was on our hospital's intranet website today:

Financial incentives affect surgical decisions
Last Updated: 2010-08-18 14:41:10 -0400 (Reuters Health)
NEW YORK (Reuters Health) - 
Your odds of going under the knife may depend on whether or not your orthopedic surgeon has a financial stake in your treatment center, suggests a new study. Patients receiving care for their wrist, rotator cuff or knee from a provider with ownership in the facility were up to twice as likely to have surgery compared to those treated by non-owners.

I'm certain you could do this kind of study for surgeries and interventions in other high-income fields, like cardiology, oncology,  obstetrics (YOU KNEW THAT WAS COMING!), etc.

It's a shame, because while some paranoid people treat their doctors like car mechanics (i.e. maybe good but probably out to get your money), most people think doctors are above that sort of thing.

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