By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    bowl of vegetable salad
    Raw Foods: benefits and harms
    November 9, 2021
    pros and cons of the keto diet
    Read This Before You Follow the Keto Diet
    May 18, 2022
    spinal cord injuries
    4 Potential Causes of Spinal Cord Injuries (and How to Seek Compensation)
    May 25, 2022
    Latest News
    Beyond Nutrition: Everyday Foods That Support Whole-Body Health
    June 15, 2025
    The Wide-Ranging Benefits of Magnesium Supplements
    June 11, 2025
    The Best Home Remedies for Migraines
    June 5, 2025
    The Hidden Impact Of Stress On Your Body’s Alignment And Balance
    May 22, 2025
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    The key stakeholders involved in improving healthcare policy
    The Key Stakeholders involved in Improving Healthcare Policy
    October 26, 2023
    medical erros avoid
    How to Report Medication Errors and Why It’s Important
    November 17, 2024
    Essential Steps for Developing a Life Care Plan
    Essential Steps for Developing a Life Care Plan
    December 26, 2024
    Latest News
    Top HIPAA-Compliant Messaging Apps for Healthcare Teams
    June 25, 2025
    When Healthcare Ends, the Legal Process Begins: What Families Should Know About Probate and Medical Estates
    June 20, 2025
    Preventing Contamination In Healthcare Facilities Starts With Hygiene
    June 15, 2025
    Strengthening Healthcare Systems Through Clinical and Administrative Career Development
    June 13, 2025
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Should Your Doctor Consider Medical Costs?
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Finance > Should Your Doctor Consider Medical Costs?
BusinessFinanceHospital Administration

Should Your Doctor Consider Medical Costs?

Michael Kirsch
Last updated: December 11, 2014 9:00 am
Michael Kirsch
Share
4 Min Read
SHARE

cat scansThis blog is devoted to an examination of medical quality. Cost-effectiveness is woven into many of the posts as this is integral to quality. Most of us reject the rational argument that better medical quality costs more money. Conversely, I have argued that spending less money could improve medical outcomes.

cat scansThis blog is devoted to an examination of medical quality. Cost-effectiveness is woven into many of the posts as this is integral to quality. Most of us reject the rational argument that better medical quality costs more money. Conversely, I have argued that spending less money could improve medical outcomes. Developing incentives to reduce unnecessary medical tests and treatments should be our fundamental strategy. Not a day passes that I don’t confront excessive and unnecessary medical care – some of it mine – being foisted on patients. 

At one point in my career, I would have argued that physicians and hospitals were motivated only to protect and preserve the health of their patients, but I now know differently. Payment reform changes behavior.

As an example, it is impossible for a patient with a stomach ache who is seen in an emergency room to escape a CAT scan, even if one was done for the same reason months ago. I saw a patient this past week with chronic and unexplained abdominal pain. She has had 5 CAT scans for the same pain in recent years. This is a common scenario. Once reimbursement policy changes to punish physicians and hospitals for overtesting, we will witness the Mother of All Medical Retreats!

Physicians and the public have an interest in preserving medical resources to serve society. There is an emerging debate if physicians who are counseling patients should be mindful of society’s needs while in the exam room. In other words, if I am prescribing a medicine for a patient with Crohn’s disease that costs $25.000 annually, should I also be considering if this is a wise use of society’s resources? Would this money be better spent giving influenza vaccines (‘flu shots’) to uninsured or medically underserved individuals? If you were my patient, do you expect that I am focused exclusively on your medical interests regardless of the cost? Do I have a responsibility to consider how my advice to you impacts on others’ health since health care dollars are finite? Should patients be willing to sacrifice their own medical care in order to serve the greater good?

Cost-effectiveness is presumed if someone else is paying the bill. If patients had some skin in the game, then they would exert some restraint on the current frenzy of diagnostic testing and treatment. If my patient cited above had to pay a portion of the 5 CAT scans that she had undergone, there may have been only one scan. And, if the hospital and the radiologists were paid only for necessary testing, there would have been a similar outcome. 

More medical care often means lower medical quality. How much longer do we want to pay more to receive less?

CAT scans / shutterstock

Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

women dental care
What Is a Smile Makeover and How Much Does It Cost?
Dental health
June 30, 2025
HIPAA-Compliant Messaging Apps
Top HIPAA-Compliant Messaging Apps for Healthcare Teams
Global Healthcare Policy & Law Technology
June 25, 2025
recovering from injury
Rebuilding After Injury: Path to Physical and Emotional Recovery
News
June 22, 2025
scientist using microscope
When Healthcare Ends, the Legal Process Begins: What Families Should Know About Probate and Medical Estates
Global Healthcare
June 18, 2025

You Might also Like

Global healthcare market
BusinessDiagnosticseHealthFinanceGlobal HealthcareHealth ReformHospital AdministrationMedical DevicesMedical InnovationsMedical RecordsPolicy & LawPublic HealthTechnology

Staying Competitive – Financing Medical Equipment and Technology in the Global Healthcare Market

May 20, 2014

Top Ten Medical Innovations: Cleveland Clinic Summit Takeaway

October 18, 2011
modern-analyst.jpg
Business

How Google’s Latest Adwords Updates Will Impact Medical Marketers

July 29, 2016

Surgical Sealants and Glues in the Balance of Wound Closure

January 5, 2015
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?