"Good medicine" and finances

September 11, 2007

Some find the association between medicine and money distasteful. In this day and age, there may be no choice. Doctors also need to be good businesspeople:

When physicians see a patient, they do not usually know their account status. A good doctor DOESN’T WANT to know and that may be one reason many primary care physicians are struggling financially.



Related posts:

  1. Who should avoid medicine?
  2. Internal medicine versus the ER
  3. How the uninsured saps the finances of a hospital
  4. Dr. SSS: The two most expensive words in medicine
  5. Relative value units, and how the RVU payment system doesn’t allow doctors to practice good medicine
  6. Reject insurers
  7. Why alternative medicine is gaining ground


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{ 2 comments }

1 DJ September 12, 2007 at 7:01 pm

If you don’t manage the business of medicine, you won’t have a business to manage.

2 Tannus September 13, 2007 at 2:17 am

…and the personal impact of not having a business to manage is mild compared to the impact on patients that can’t received services because the business of healthcare is poorly managed.

It’s a shame that “business” has become a dirty word in medicine. In the presence of greed or deception of course business can do wrong by healthcare, but let’s not forget that favorable business economics also subsidize the provision of much care that would otherwise go unfunded.

Tannus Quatre
Vantage Clinical Solutions, Inc.
http://www.VantageClinicalSolutions.com

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