How Doctors Are Managed

Although problems arise in medical reform, the way companies get the best doctors still prove how these specialists are considered hot commodities. Specialists in general, internal medicine and pediatrics are being sought after by large physician management groups. A member of an investment banking group states that primary care doctors are considered to be the most valuable assets in the age of medical reform.

As the country experience a lack of health care specialists, this reform in the medical system will give way to a more accelerated demand for these practitioners. The advanatage of growing managed care groups is that primary care doctors are asked to pose as gatekeepers of the medical industry thus enabling the medical system to cut down on costs such as the price of medicine, medical tests and professional consultation fees. In order to lessen medical costs, private sectors as well as both the state and federal governments seek aid of managed care groups.

Doctor groups bought by managed care companies are marketed to health maintenance groups, and hospitals who reach out to consumers directly or through the companies they work with. The year 1980 saw the boom of physician management firms and has continued in the last few years. Starting capital comes from individual health practitioners, medical insurance firms as well as professional capitalists that take part in high risk business ventures. Despite the poor movement of medical stocks in general, publicly traded care management firms are able to see their stock prices on a consistent bull movement.

Physicians recognize the vast number of benefits they can derive when they join one of these companies. The typical hiring fee of doctors ranges beyond a hundred thousand dollars. They then come to a binding agreement that could have a tenure of 30 years, which states that they are entitled to 100,000 dollars or more in annual income, and be protected from monetary uncertainties that would certainly arise from medical reform. Those within managed care find their salaries as high as or even higher than unmanaged physicians.

These management companies also take over the headache of office matters such as billing, marketing for patients, leasing copier machines and office space, hiring receptionists, writing paychecks, and getting malpractice insurance. Making sure doctors work closer to eight hours per day and shift away from the around the clock scheme of work is also one of the duties of the care management firms. A common fear is that corporate supervision might not enable the patients to have the best kind of service in order to make more for the company.

Overlords supervise doctors who have to focus on their duties and ensure that the quality of service remains as costs are minimized. Several physicians cannot absorb the concept of working with a boss that will ensure they work within the budget. Health care analysts state that time will be the judge if these care management companies remain form on their promises that patients won't line up at an assembly line otherwise forcing doctors to be mean with the treatments and services, and that their income will not weaken the quality of service.

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