One problem – if this went through, no one would take on difficult patients or hard-to-control diseases:
The way physicians are paid is how stockbrokers used to be paid about a decade ago, Udall said.““They were paid on transactions, they were paid for selling or buying the shares,”” he said. ““They weren’t paid based on whether the stocks did well. A few years ago, they changed that.””
Now, stockbrokers are paid based on how well their portfolios perform, Udall said. As they recommend stock to their clients, they’re paid based on how well the stock performs, and that has revolutionized how stockbrokers operate, he said.
““Well in medicine, we’re paid by transactions in the same way that stockbrokers used to be paid by transactions,” he said. ““So I’Â’m paid to do stuff. I’Â’m not paid based on how well the patients do. And until we change some things and make the system different, we’Â’re always going to have the problem of there’s not enough money to go around.””
