Buckeye Surgeon: “Isn’t this a market driven, capitalistic country? . . . why should physicians be excluded from playing the game?”
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Contrast that with law firms, which are forbidden by law and ethics codes from allowing anyone but a lawyer from having an equity stake in a law practice.
Hospitals employ physicians and give them financial incentives to refer and order tests. Yet, you will never hear this spoken. This is the big secret to keep the administrators in the money. Hospitals can own physicians but physicians cannot own hospitals.
So you can trust your doctor to save your life but not to run the hospital. This worthy endeavor of sending out bills and keeping FTEs to a minimum should be left to the beaurucrats. Makes sense. How else would Michelle Obama earn a living.
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