SlideShare a Scribd company logo
The Physician Market, Part 1 Professor Vivian Ho  Health Economics Fall 2007 These slides draw from material in Santerre & Neun, Health Economics, Theories, Insights and Industry Studies, Thomson 2007.
OUTLINE ,[object Object],[object Object],[object Object],[object Object]
 
Physician Market Structure
*The AMA defines primary care as including family practice, general practice, internal medicine, obstetrics/gynecology, and pediatrics. Physician Market Structure  (cont.)
Are there “too many” specialists and “too few” primary care docs? ,[object Object],[object Object],[object Object]
Matching Physician Supply & Requirements ,[object Object],[object Object],[object Object],[object Object]
Distribution of Physicians by Mode of Practice ,[object Object],[object Object],[object Object]
Distribution of Physician Revenues by Source of Payer ,[object Object],[object Object]
Managed Care Reimbursement of Physicians ,[object Object],[object Object],[object Object],[object Object]
Are there barriers to entry? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Is market reform better than government licensure? ,[object Object],[object Object],[object Object],[object Object]
Production, Costs, and  Economies of Scale ,[object Object],[object Object],[object Object],[object Object]
Production, Costs, and  Economies of Scale ,[object Object],[object Object],[object Object],[object Object],[object Object]
Production, Costs, and  Economies of Scale $7.26 (1.08) $35.36** (2.12) Test interpretation $4.84 (1.35) $12.14** (2.16) Hospital visit $14.77*** (2.91) $22.14*** (3.26) Office visit, est. patient $66.34** (2.00) $59.99* (1.68) Office visit, new patient Marginal non-phys. Costs Full Marginal Cost Output
Physician Market Structure Summary ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Physician Market Conduct ,[object Object],[object Object],[object Object]
Has the over-supply of physicians led to “physician-induced demand?” ,[object Object],[object Object],[object Object],[object Object],[object Object]
Has the over-supply of physicians led to “physician-induced demand?” ,[object Object],[object Object],[object Object]
Defensive Medicine &  Malpractice Reform ,[object Object],[object Object],[object Object]
Defensive Medicine &  Malpractice Reform ,[object Object],[object Object]
Why do we have a malpractice system? ,[object Object],[object Object],[object Object]
PROBLEMS WITH THE  CURRENT SYSTEM ,[object Object],[object Object],[object Object],[object Object]
PROBLEMS WITH THE  CURRENT SYSTEM ,[object Object],[object Object],[object Object],[object Object],[object Object]
Harvard Medical Practice Study (HMPS) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
SAMPLE ,[object Object],[object Object],[object Object],[object Object]
Criteria for an Adverse Event ,[object Object],[object Object],[object Object],NEJM 1989
Which of the following is NOT an adverse event? ,[object Object],[object Object],[object Object],[object Object],[object Object],NEJM 1989
Criterion for a  “negligent adverse event” ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Was the following adverse event “negligible?” ,[object Object]
Was the following adverse event “negligible?” ,[object Object]
Determination of negligence is often difficult ,[object Object],[object Object],[object Object]
Determination of Adverse Events from Medical Records ,[object Object],[object Object],[object Object]
RESULTS 31,429 in  original sample 30,195 located on first review 22,378 negative for screening criteria 7817 positive for screening criteria 7743 reviewed by physicians 6465 without adverse events 1278 with adverse events 972 with no negligence 306 with negligence Figure 1.  The Record-Review Process. Numbers of medical records are shown.
Did the study cases sue for malpractice? ,[object Object],[object Object],[object Object],[object Object]
STATEWIDE ESTIMATES 27,197 adverse events due to negligence 26,764 with no malpractice  claims (98%) 415 malpractice claims (2%) 14,180 with strong evidence of negligence 12,858 with disability 7462 with disability <6mo (58%) 5396 with disability >6mo (42%) 2834 patients <70yo  (53%) 2562 patients  70yo (47%)
CONCLUSIONS ,[object Object],[object Object],[object Object]
FURTHER RESULTS ,[object Object],[object Object],[object Object],[object Object]
Rates of Adverse Events and Negligence Specialty Adverse Events Negligence   (percentage)   (percentage) Orthopedics 4.1   22.4 Urology 4.9   19.4 Neurosurgery 9.9   35.6 Thoracic & Cardiac Surgery    10.8   23.0 Vascular Surgery     16.1   18.0 Obstetrics 1.5   38.3 Neonatology 0.6   25.8 General Surgery 7.0   28.0 General Medicine 3.6   30.9 Other 3.0   19.7 P value   <0.0001   0.64
Does the malpractice system deter negligence? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Defenders of the Malpractice System ,[object Object],[object Object],[object Object],[object Object],[object Object]
Recent Evidence on Defensive Medicine (Kessler & McClellan, 1996) ,[object Object],[object Object],[object Object],[object Object]

More Related Content

What's hot

Privatization of Health Care Services
Privatization of Health Care Services Privatization of Health Care Services
Privatization of Health Care Services
Ghada Elmasuri
 
Economic Evaluation in Healthcare
Economic Evaluation in HealthcareEconomic Evaluation in Healthcare
Economic Evaluation in Healthcare
DRRV
 
Health economics
Health economicsHealth economics
Health economics
Abdur Razzaque Sarker, PhD
 
Cost effectiveness analysis
Cost effectiveness analysisCost effectiveness analysis
Cost effectiveness analysis
zeekooo
 
Health economics
Health economicsHealth economics
Health economics
pramod kumar
 
Principles of health economics
Principles of health economicsPrinciples of health economics
Principles of health economics
Ankita Kunwar
 
Corporate Hospitals
Corporate HospitalsCorporate Hospitals
Corporate Hospitalsrahul singh
 
Health care system
Health care systemHealth care system
Health care system
xishaz
 
Social determinants of health
Social determinants of healthSocial determinants of health
Social determinants of healthDr. Anees Alyafei
 
health care delivery ppt
health care delivery ppthealth care delivery ppt
health care delivery ppt
nikunjpatel409
 
Quality In Health Care
Quality In Health CareQuality In Health Care
Quality In Health Care
Akhilesh Bhargava
 
Health system elements
Health system elementsHealth system elements
Health system elements
Jeff Knezovich
 
Financial management of healthcare
Financial management of healthcare Financial management of healthcare
Financial management of healthcare
Mahmoud Shaqria
 
Social determinant of health
Social determinant of healthSocial determinant of health
Social determinant of health
Abdur Rouf
 
Demand for healthcare umadhay
Demand for healthcare umadhayDemand for healthcare umadhay
Demand for healthcare umadhayBarryCRNA
 
Chronic disease management
Chronic disease managementChronic disease management
Chronic disease management
Pankaj Gupta
 
Strategic management for health care organization
Strategic management for health care organization Strategic management for health care organization
Strategic management for health care organization
ibrahimzubairu2003
 
Equity in health system
Equity in health systemEquity in health system
Equity in health system
Abdur Razzaque Sarker, PhD
 

What's hot (20)

Privatization of Health Care Services
Privatization of Health Care Services Privatization of Health Care Services
Privatization of Health Care Services
 
Economic Evaluation in Healthcare
Economic Evaluation in HealthcareEconomic Evaluation in Healthcare
Economic Evaluation in Healthcare
 
THE SUPPLY OF HEALTH SERVICES
THE SUPPLY OF HEALTH SERVICESTHE SUPPLY OF HEALTH SERVICES
THE SUPPLY OF HEALTH SERVICES
 
Health economics
Health economicsHealth economics
Health economics
 
Cost effectiveness analysis
Cost effectiveness analysisCost effectiveness analysis
Cost effectiveness analysis
 
Globalisation and Health
Globalisation and HealthGlobalisation and Health
Globalisation and Health
 
Health economics
Health economicsHealth economics
Health economics
 
Principles of health economics
Principles of health economicsPrinciples of health economics
Principles of health economics
 
Corporate Hospitals
Corporate HospitalsCorporate Hospitals
Corporate Hospitals
 
Health care system
Health care systemHealth care system
Health care system
 
Social determinants of health
Social determinants of healthSocial determinants of health
Social determinants of health
 
health care delivery ppt
health care delivery ppthealth care delivery ppt
health care delivery ppt
 
Quality In Health Care
Quality In Health CareQuality In Health Care
Quality In Health Care
 
Health system elements
Health system elementsHealth system elements
Health system elements
 
Financial management of healthcare
Financial management of healthcare Financial management of healthcare
Financial management of healthcare
 
Social determinant of health
Social determinant of healthSocial determinant of health
Social determinant of health
 
Demand for healthcare umadhay
Demand for healthcare umadhayDemand for healthcare umadhay
Demand for healthcare umadhay
 
Chronic disease management
Chronic disease managementChronic disease management
Chronic disease management
 
Strategic management for health care organization
Strategic management for health care organization Strategic management for health care organization
Strategic management for health care organization
 
Equity in health system
Equity in health systemEquity in health system
Equity in health system
 

Similar to The physician market Part 1

Defensive medicine effect on costs, quality, and access to healthcare
Defensive medicine effect on costs, quality, and access to healthcareDefensive medicine effect on costs, quality, and access to healthcare
Defensive medicine effect on costs, quality, and access to healthcare
Alexander Decker
 
Running head McVeigh– Defensive Medicine Essay 1 1 .docx
Running head McVeigh– Defensive Medicine Essay 1 1 .docxRunning head McVeigh– Defensive Medicine Essay 1 1 .docx
Running head McVeigh– Defensive Medicine Essay 1 1 .docx
cowinhelen
 
Confronting Diagnostic Error-Employer
Confronting Diagnostic Error-EmployerConfronting Diagnostic Error-Employer
Confronting Diagnostic Error-EmployerMelissa Kay Palardy
 
Money Your Practice May Be Throwing Away
Money Your Practice May Be Throwing AwayMoney Your Practice May Be Throwing Away
Money Your Practice May Be Throwing Awaye-MedTools
 
Bariatric surgery and copra ossicon 2016 presentation
Bariatric surgery and copra ossicon 2016 presentationBariatric surgery and copra ossicon 2016 presentation
Bariatric surgery and copra ossicon 2016 presentation
Abhishek Katakwar
 
Problem And Description Of Terms For Disseratation
Problem And Description Of Terms For DisseratationProblem And Description Of Terms For Disseratation
Problem And Description Of Terms For DisseratationJenniferlaw1
 
Whitepaper: Hospital Operations Management reduces wait states and replaces d...
Whitepaper: Hospital Operations Management reduces wait states and replaces d...Whitepaper: Hospital Operations Management reduces wait states and replaces d...
Whitepaper: Hospital Operations Management reduces wait states and replaces d...
GE Software
 
The Economics of Quality in Healthcare
The Economics of Quality in HealthcareThe Economics of Quality in Healthcare
The Economics of Quality in Healthcare
Sage Growth Partners
 
מאמר מערכת על יתרונות רפואיים וכלכליים של השיטה
מאמר מערכת על יתרונות רפואיים וכלכליים של השיטהמאמר מערכת על יתרונות רפואיים וכלכליים של השיטה
מאמר מערכת על יתרונות רפואיים וכלכליים של השיטהZachi Berger, Ph.D. MBA
 
MHA6999 SEMINAR IN HEALTHCARE CASES-- WEEK 2 LECTURE, DISCUSSION,
MHA6999 SEMINAR IN HEALTHCARE CASES-- WEEK 2 LECTURE, DISCUSSION, MHA6999 SEMINAR IN HEALTHCARE CASES-- WEEK 2 LECTURE, DISCUSSION,
MHA6999 SEMINAR IN HEALTHCARE CASES-- WEEK 2 LECTURE, DISCUSSION,
DioneWang844
 
Kachalia 2007 missed and delayed diagnoses in the emergency department
Kachalia 2007 missed and delayed diagnoses in the emergency departmentKachalia 2007 missed and delayed diagnoses in the emergency department
Kachalia 2007 missed and delayed diagnoses in the emergency departmentJuliacho Rodriguez Rodriguez
 
Submit20your20 powerpoint20file20here joynerr12_attempt_2012-12-06-02-08-37_j...
Submit20your20 powerpoint20file20here joynerr12_attempt_2012-12-06-02-08-37_j...Submit20your20 powerpoint20file20here joynerr12_attempt_2012-12-06-02-08-37_j...
Submit20your20 powerpoint20file20here joynerr12_attempt_2012-12-06-02-08-37_j...Xiaoming Zeng
 
Err is human
Err is human Err is human
Err is human
Inas Alassar
 
A better-hospital-in-five-days
A better-hospital-in-five-daysA better-hospital-in-five-days
A better-hospital-in-five-days
Jay Arthur
 
Prabhjot Saini.pptx
Prabhjot Saini.pptxPrabhjot Saini.pptx
Prabhjot Saini.pptx
Prabhjot Saini
 
BioTech Medical Solutions - Pain RD short 8.5x11
BioTech Medical Solutions - Pain RD short 8.5x11BioTech Medical Solutions - Pain RD short 8.5x11
BioTech Medical Solutions - Pain RD short 8.5x11William Tillman
 
BRG Albany HFMA 4.23.15
BRG Albany HFMA 4.23.15BRG Albany HFMA 4.23.15
BRG Albany HFMA 4.23.15Mark Driscoll
 
Stfm april 28 2011
Stfm april 28 2011Stfm april 28 2011
Stfm april 28 2011Paul Grundy
 
Final Research Report - CPOE (Tsourdinis)
Final Research Report - CPOE (Tsourdinis)Final Research Report - CPOE (Tsourdinis)
Final Research Report - CPOE (Tsourdinis)George Tsourdinis
 
HOW TO MINIMIZE MEDICATION ERROR
HOW TO MINIMIZE MEDICATION ERRORHOW TO MINIMIZE MEDICATION ERROR
HOW TO MINIMIZE MEDICATION ERROR
Jawed Quazi
 

Similar to The physician market Part 1 (20)

Defensive medicine effect on costs, quality, and access to healthcare
Defensive medicine effect on costs, quality, and access to healthcareDefensive medicine effect on costs, quality, and access to healthcare
Defensive medicine effect on costs, quality, and access to healthcare
 
Running head McVeigh– Defensive Medicine Essay 1 1 .docx
Running head McVeigh– Defensive Medicine Essay 1 1 .docxRunning head McVeigh– Defensive Medicine Essay 1 1 .docx
Running head McVeigh– Defensive Medicine Essay 1 1 .docx
 
Confronting Diagnostic Error-Employer
Confronting Diagnostic Error-EmployerConfronting Diagnostic Error-Employer
Confronting Diagnostic Error-Employer
 
Money Your Practice May Be Throwing Away
Money Your Practice May Be Throwing AwayMoney Your Practice May Be Throwing Away
Money Your Practice May Be Throwing Away
 
Bariatric surgery and copra ossicon 2016 presentation
Bariatric surgery and copra ossicon 2016 presentationBariatric surgery and copra ossicon 2016 presentation
Bariatric surgery and copra ossicon 2016 presentation
 
Problem And Description Of Terms For Disseratation
Problem And Description Of Terms For DisseratationProblem And Description Of Terms For Disseratation
Problem And Description Of Terms For Disseratation
 
Whitepaper: Hospital Operations Management reduces wait states and replaces d...
Whitepaper: Hospital Operations Management reduces wait states and replaces d...Whitepaper: Hospital Operations Management reduces wait states and replaces d...
Whitepaper: Hospital Operations Management reduces wait states and replaces d...
 
The Economics of Quality in Healthcare
The Economics of Quality in HealthcareThe Economics of Quality in Healthcare
The Economics of Quality in Healthcare
 
מאמר מערכת על יתרונות רפואיים וכלכליים של השיטה
מאמר מערכת על יתרונות רפואיים וכלכליים של השיטהמאמר מערכת על יתרונות רפואיים וכלכליים של השיטה
מאמר מערכת על יתרונות רפואיים וכלכליים של השיטה
 
MHA6999 SEMINAR IN HEALTHCARE CASES-- WEEK 2 LECTURE, DISCUSSION,
MHA6999 SEMINAR IN HEALTHCARE CASES-- WEEK 2 LECTURE, DISCUSSION, MHA6999 SEMINAR IN HEALTHCARE CASES-- WEEK 2 LECTURE, DISCUSSION,
MHA6999 SEMINAR IN HEALTHCARE CASES-- WEEK 2 LECTURE, DISCUSSION,
 
Kachalia 2007 missed and delayed diagnoses in the emergency department
Kachalia 2007 missed and delayed diagnoses in the emergency departmentKachalia 2007 missed and delayed diagnoses in the emergency department
Kachalia 2007 missed and delayed diagnoses in the emergency department
 
Submit20your20 powerpoint20file20here joynerr12_attempt_2012-12-06-02-08-37_j...
Submit20your20 powerpoint20file20here joynerr12_attempt_2012-12-06-02-08-37_j...Submit20your20 powerpoint20file20here joynerr12_attempt_2012-12-06-02-08-37_j...
Submit20your20 powerpoint20file20here joynerr12_attempt_2012-12-06-02-08-37_j...
 
Err is human
Err is human Err is human
Err is human
 
A better-hospital-in-five-days
A better-hospital-in-five-daysA better-hospital-in-five-days
A better-hospital-in-five-days
 
Prabhjot Saini.pptx
Prabhjot Saini.pptxPrabhjot Saini.pptx
Prabhjot Saini.pptx
 
BioTech Medical Solutions - Pain RD short 8.5x11
BioTech Medical Solutions - Pain RD short 8.5x11BioTech Medical Solutions - Pain RD short 8.5x11
BioTech Medical Solutions - Pain RD short 8.5x11
 
BRG Albany HFMA 4.23.15
BRG Albany HFMA 4.23.15BRG Albany HFMA 4.23.15
BRG Albany HFMA 4.23.15
 
Stfm april 28 2011
Stfm april 28 2011Stfm april 28 2011
Stfm april 28 2011
 
Final Research Report - CPOE (Tsourdinis)
Final Research Report - CPOE (Tsourdinis)Final Research Report - CPOE (Tsourdinis)
Final Research Report - CPOE (Tsourdinis)
 
HOW TO MINIMIZE MEDICATION ERROR
HOW TO MINIMIZE MEDICATION ERRORHOW TO MINIMIZE MEDICATION ERROR
HOW TO MINIMIZE MEDICATION ERROR
 

More from MedicineAndHealth

Medical.Profession Kalabay.Laszlo
Medical.Profession Kalabay.LaszloMedical.Profession Kalabay.Laszlo
Medical.Profession Kalabay.LaszloMedicineAndHealth
 
HOW TO DO PATENT LANDSCAPING(USING FREE DATABASEs e.g. USPTO & ESP@CENET HO...
HOW TO DO PATENT LANDSCAPING(USING FREE DATABASEs e.g. USPTO & ESP@CENET 	 HO...HOW TO DO PATENT LANDSCAPING(USING FREE DATABASEs e.g. USPTO & ESP@CENET 	 HO...
HOW TO DO PATENT LANDSCAPING(USING FREE DATABASEs e.g. USPTO & ESP@CENET HO...MedicineAndHealth
 
Accounting I: Introduction to University Accounting Accounting I: Introduct...
Accounting I: Introduction to University Accounting 	 Accounting I: Introduct...Accounting I: Introduction to University Accounting 	 Accounting I: Introduct...
Accounting I: Introduction to University Accounting Accounting I: Introduct...MedicineAndHealth
 
Personalized Medicine: Current and Future Perspectives Personalized Medicin...
Personalized Medicine: Current and Future Perspectives 	 Personalized Medicin...Personalized Medicine: Current and Future Perspectives 	 Personalized Medicin...
Personalized Medicine: Current and Future Perspectives Personalized Medicin...MedicineAndHealth
 
Victim Compensation Without Litigation - the Lexington Experience Victim Co...
Victim Compensation Without Litigation - the Lexington Experience 	 Victim Co...Victim Compensation Without Litigation - the Lexington Experience 	 Victim Co...
Victim Compensation Without Litigation - the Lexington Experience Victim Co...MedicineAndHealth
 
Long term Care in Developed Countries and Recommendations for Slovak Republic...
Long term Care in Developed Countries and Recommendations for Slovak Republic...Long term Care in Developed Countries and Recommendations for Slovak Republic...
Long term Care in Developed Countries and Recommendations for Slovak Republic...MedicineAndHealth
 
Compensation Larger Practices
Compensation Larger PracticesCompensation Larger Practices
Compensation Larger PracticesMedicineAndHealth
 
Defending Medical Malpractice
Defending Medical MalpracticeDefending Medical Malpractice
Defending Medical MalpracticeMedicineAndHealth
 
Personalized Medicine: Balancing the Promise and Peril of ... Personalized ...
Personalized Medicine: Balancing the Promise and Peril of ... 	 Personalized ...Personalized Medicine: Balancing the Promise and Peril of ... 	 Personalized ...
Personalized Medicine: Balancing the Promise and Peril of ... Personalized ...MedicineAndHealth
 
Negotiating For The Ideal Job
Negotiating For The Ideal JobNegotiating For The Ideal Job
Negotiating For The Ideal JobMedicineAndHealth
 
Medical errors, negligence, and litigation
Medical errors, negligence, and litigationMedical errors, negligence, and litigation
Medical errors, negligence, and litigationMedicineAndHealth
 
What to Run Before Your Business Plan Course What to Run Before Your Busine...
What to Run Before Your Business Plan Course 	 What to Run Before Your Busine...What to Run Before Your Business Plan Course 	 What to Run Before Your Busine...
What to Run Before Your Business Plan Course What to Run Before Your Busine...MedicineAndHealth
 
Physician Practice in the Dynamic Health Care Environment Physician Practic...
Physician Practice in the Dynamic Health Care Environment 	 Physician Practic...Physician Practice in the Dynamic Health Care Environment 	 Physician Practic...
Physician Practice in the Dynamic Health Care Environment Physician Practic...MedicineAndHealth
 

More from MedicineAndHealth (20)

Medical.Profession Kalabay.Laszlo
Medical.Profession Kalabay.LaszloMedical.Profession Kalabay.Laszlo
Medical.Profession Kalabay.Laszlo
 
HOW TO DO PATENT LANDSCAPING(USING FREE DATABASEs e.g. USPTO & ESP@CENET HO...
HOW TO DO PATENT LANDSCAPING(USING FREE DATABASEs e.g. USPTO & ESP@CENET 	 HO...HOW TO DO PATENT LANDSCAPING(USING FREE DATABASEs e.g. USPTO & ESP@CENET 	 HO...
HOW TO DO PATENT LANDSCAPING(USING FREE DATABASEs e.g. USPTO & ESP@CENET HO...
 
Accounting I: Introduction to University Accounting Accounting I: Introduct...
Accounting I: Introduction to University Accounting 	 Accounting I: Introduct...Accounting I: Introduction to University Accounting 	 Accounting I: Introduct...
Accounting I: Introduction to University Accounting Accounting I: Introduct...
 
Personalized Medicine: Current and Future Perspectives Personalized Medicin...
Personalized Medicine: Current and Future Perspectives 	 Personalized Medicin...Personalized Medicine: Current and Future Perspectives 	 Personalized Medicin...
Personalized Medicine: Current and Future Perspectives Personalized Medicin...
 
Medicare Basics
Medicare BasicsMedicare Basics
Medicare Basics
 
Victim Compensation Without Litigation - the Lexington Experience Victim Co...
Victim Compensation Without Litigation - the Lexington Experience 	 Victim Co...Victim Compensation Without Litigation - the Lexington Experience 	 Victim Co...
Victim Compensation Without Litigation - the Lexington Experience Victim Co...
 
Long term Care in Developed Countries and Recommendations for Slovak Republic...
Long term Care in Developed Countries and Recommendations for Slovak Republic...Long term Care in Developed Countries and Recommendations for Slovak Republic...
Long term Care in Developed Countries and Recommendations for Slovak Republic...
 
BUSINESS ETHICS
BUSINESS ETHICSBUSINESS ETHICS
BUSINESS ETHICS
 
Sorry Works
Sorry WorksSorry Works
Sorry Works
 
Compensation Larger Practices
Compensation Larger PracticesCompensation Larger Practices
Compensation Larger Practices
 
Defending Medical Malpractice
Defending Medical MalpracticeDefending Medical Malpractice
Defending Medical Malpractice
 
Personalized Medicine: Balancing the Promise and Peril of ... Personalized ...
Personalized Medicine: Balancing the Promise and Peril of ... 	 Personalized ...Personalized Medicine: Balancing the Promise and Peril of ... 	 Personalized ...
Personalized Medicine: Balancing the Promise and Peril of ... Personalized ...
 
Seven Basics
Seven BasicsSeven Basics
Seven Basics
 
Negotiating For The Ideal Job
Negotiating For The Ideal JobNegotiating For The Ideal Job
Negotiating For The Ideal Job
 
Medical malpractice
Medical malpracticeMedical malpractice
Medical malpractice
 
2882survey bg
2882survey bg2882survey bg
2882survey bg
 
Medical errors, negligence, and litigation
Medical errors, negligence, and litigationMedical errors, negligence, and litigation
Medical errors, negligence, and litigation
 
What to Run Before Your Business Plan Course What to Run Before Your Busine...
What to Run Before Your Business Plan Course 	 What to Run Before Your Busine...What to Run Before Your Business Plan Course 	 What to Run Before Your Busine...
What to Run Before Your Business Plan Course What to Run Before Your Busine...
 
Physician Practice in the Dynamic Health Care Environment Physician Practic...
Physician Practice in the Dynamic Health Care Environment 	 Physician Practic...Physician Practice in the Dynamic Health Care Environment 	 Physician Practic...
Physician Practice in the Dynamic Health Care Environment Physician Practic...
 
Angel Investing
Angel InvestingAngel Investing
Angel Investing
 

Recently uploaded

Flu Vaccine Alert in Bangalore Karnataka
Flu Vaccine Alert in Bangalore KarnatakaFlu Vaccine Alert in Bangalore Karnataka
Flu Vaccine Alert in Bangalore Karnataka
addon Scans
 
Antiulcer drugs Advance Pharmacology .pptx
Antiulcer drugs Advance Pharmacology .pptxAntiulcer drugs Advance Pharmacology .pptx
Antiulcer drugs Advance Pharmacology .pptx
Rohit chaurpagar
 
Evaluation of antidepressant activity of clitoris ternatea in animals
Evaluation of antidepressant activity of clitoris ternatea in animalsEvaluation of antidepressant activity of clitoris ternatea in animals
Evaluation of antidepressant activity of clitoris ternatea in animals
Shweta
 
New Directions in Targeted Therapeutic Approaches for Older Adults With Mantl...
New Directions in Targeted Therapeutic Approaches for Older Adults With Mantl...New Directions in Targeted Therapeutic Approaches for Older Adults With Mantl...
New Directions in Targeted Therapeutic Approaches for Older Adults With Mantl...
i3 Health
 
Factory Supply Best Quality Pmk Oil CAS 28578–16–7 PMK Powder in Stock
Factory Supply Best Quality Pmk Oil CAS 28578–16–7 PMK Powder in StockFactory Supply Best Quality Pmk Oil CAS 28578–16–7 PMK Powder in Stock
Factory Supply Best Quality Pmk Oil CAS 28578–16–7 PMK Powder in Stock
rebeccabio
 
Ophthalmology Clinical Tests for OSCE exam
Ophthalmology Clinical Tests for OSCE examOphthalmology Clinical Tests for OSCE exam
Ophthalmology Clinical Tests for OSCE exam
KafrELShiekh University
 
The hemodynamic and autonomic determinants of elevated blood pressure in obes...
The hemodynamic and autonomic determinants of elevated blood pressure in obes...The hemodynamic and autonomic determinants of elevated blood pressure in obes...
The hemodynamic and autonomic determinants of elevated blood pressure in obes...
Catherine Liao
 
Prix Galien International 2024 Forum Program
Prix Galien International 2024 Forum ProgramPrix Galien International 2024 Forum Program
Prix Galien International 2024 Forum Program
Levi Shapiro
 
For Better Surat #ℂall #Girl Service ❤85270-49040❤ Surat #ℂall #Girls
For Better Surat #ℂall #Girl Service ❤85270-49040❤ Surat #ℂall #GirlsFor Better Surat #ℂall #Girl Service ❤85270-49040❤ Surat #ℂall #Girls
For Better Surat #ℂall #Girl Service ❤85270-49040❤ Surat #ℂall #Girls
Savita Shen $i11
 
basicmodesofventilation2022-220313203758.pdf
basicmodesofventilation2022-220313203758.pdfbasicmodesofventilation2022-220313203758.pdf
basicmodesofventilation2022-220313203758.pdf
aljamhori teaching hospital
 
heat stroke and heat exhaustion in children
heat stroke and heat exhaustion in childrenheat stroke and heat exhaustion in children
heat stroke and heat exhaustion in children
SumeraAhmad5
 
ARTIFICIAL INTELLIGENCE IN HEALTHCARE.pdf
ARTIFICIAL INTELLIGENCE IN  HEALTHCARE.pdfARTIFICIAL INTELLIGENCE IN  HEALTHCARE.pdf
ARTIFICIAL INTELLIGENCE IN HEALTHCARE.pdf
Anujkumaranit
 
BRACHYTHERAPY OVERVIEW AND APPLICATORS
BRACHYTHERAPY OVERVIEW  AND  APPLICATORSBRACHYTHERAPY OVERVIEW  AND  APPLICATORS
BRACHYTHERAPY OVERVIEW AND APPLICATORS
Krishan Murari
 
24 Upakrama.pptx class ppt useful in all
24 Upakrama.pptx class ppt useful in all24 Upakrama.pptx class ppt useful in all
24 Upakrama.pptx class ppt useful in all
DrSathishMS1
 
Alcohol_Dr. Jeenal Mistry MD Pharmacology.pdf
Alcohol_Dr. Jeenal Mistry MD Pharmacology.pdfAlcohol_Dr. Jeenal Mistry MD Pharmacology.pdf
Alcohol_Dr. Jeenal Mistry MD Pharmacology.pdf
Dr Jeenal Mistry
 
Physiology of Special Chemical Sensation of Taste
Physiology of Special Chemical Sensation of TastePhysiology of Special Chemical Sensation of Taste
Physiology of Special Chemical Sensation of Taste
MedicoseAcademics
 
Ocular injury ppt Upendra pal optometrist upums saifai etawah
Ocular injury  ppt  Upendra pal  optometrist upums saifai etawahOcular injury  ppt  Upendra pal  optometrist upums saifai etawah
Ocular injury ppt Upendra pal optometrist upums saifai etawah
pal078100
 
The POPPY STUDY (Preconception to post-partum cardiovascular function in prim...
The POPPY STUDY (Preconception to post-partum cardiovascular function in prim...The POPPY STUDY (Preconception to post-partum cardiovascular function in prim...
The POPPY STUDY (Preconception to post-partum cardiovascular function in prim...
Catherine Liao
 
POST OPERATIVE OLIGURIA and its management
POST OPERATIVE OLIGURIA and its managementPOST OPERATIVE OLIGURIA and its management
POST OPERATIVE OLIGURIA and its management
touseefaziz1
 
KDIGO 2024 guidelines for diabetologists
KDIGO 2024 guidelines for diabetologistsKDIGO 2024 guidelines for diabetologists
KDIGO 2024 guidelines for diabetologists
د.محمود نجيب
 

Recently uploaded (20)

Flu Vaccine Alert in Bangalore Karnataka
Flu Vaccine Alert in Bangalore KarnatakaFlu Vaccine Alert in Bangalore Karnataka
Flu Vaccine Alert in Bangalore Karnataka
 
Antiulcer drugs Advance Pharmacology .pptx
Antiulcer drugs Advance Pharmacology .pptxAntiulcer drugs Advance Pharmacology .pptx
Antiulcer drugs Advance Pharmacology .pptx
 
Evaluation of antidepressant activity of clitoris ternatea in animals
Evaluation of antidepressant activity of clitoris ternatea in animalsEvaluation of antidepressant activity of clitoris ternatea in animals
Evaluation of antidepressant activity of clitoris ternatea in animals
 
New Directions in Targeted Therapeutic Approaches for Older Adults With Mantl...
New Directions in Targeted Therapeutic Approaches for Older Adults With Mantl...New Directions in Targeted Therapeutic Approaches for Older Adults With Mantl...
New Directions in Targeted Therapeutic Approaches for Older Adults With Mantl...
 
Factory Supply Best Quality Pmk Oil CAS 28578–16–7 PMK Powder in Stock
Factory Supply Best Quality Pmk Oil CAS 28578–16–7 PMK Powder in StockFactory Supply Best Quality Pmk Oil CAS 28578–16–7 PMK Powder in Stock
Factory Supply Best Quality Pmk Oil CAS 28578–16–7 PMK Powder in Stock
 
Ophthalmology Clinical Tests for OSCE exam
Ophthalmology Clinical Tests for OSCE examOphthalmology Clinical Tests for OSCE exam
Ophthalmology Clinical Tests for OSCE exam
 
The hemodynamic and autonomic determinants of elevated blood pressure in obes...
The hemodynamic and autonomic determinants of elevated blood pressure in obes...The hemodynamic and autonomic determinants of elevated blood pressure in obes...
The hemodynamic and autonomic determinants of elevated blood pressure in obes...
 
Prix Galien International 2024 Forum Program
Prix Galien International 2024 Forum ProgramPrix Galien International 2024 Forum Program
Prix Galien International 2024 Forum Program
 
For Better Surat #ℂall #Girl Service ❤85270-49040❤ Surat #ℂall #Girls
For Better Surat #ℂall #Girl Service ❤85270-49040❤ Surat #ℂall #GirlsFor Better Surat #ℂall #Girl Service ❤85270-49040❤ Surat #ℂall #Girls
For Better Surat #ℂall #Girl Service ❤85270-49040❤ Surat #ℂall #Girls
 
basicmodesofventilation2022-220313203758.pdf
basicmodesofventilation2022-220313203758.pdfbasicmodesofventilation2022-220313203758.pdf
basicmodesofventilation2022-220313203758.pdf
 
heat stroke and heat exhaustion in children
heat stroke and heat exhaustion in childrenheat stroke and heat exhaustion in children
heat stroke and heat exhaustion in children
 
ARTIFICIAL INTELLIGENCE IN HEALTHCARE.pdf
ARTIFICIAL INTELLIGENCE IN  HEALTHCARE.pdfARTIFICIAL INTELLIGENCE IN  HEALTHCARE.pdf
ARTIFICIAL INTELLIGENCE IN HEALTHCARE.pdf
 
BRACHYTHERAPY OVERVIEW AND APPLICATORS
BRACHYTHERAPY OVERVIEW  AND  APPLICATORSBRACHYTHERAPY OVERVIEW  AND  APPLICATORS
BRACHYTHERAPY OVERVIEW AND APPLICATORS
 
24 Upakrama.pptx class ppt useful in all
24 Upakrama.pptx class ppt useful in all24 Upakrama.pptx class ppt useful in all
24 Upakrama.pptx class ppt useful in all
 
Alcohol_Dr. Jeenal Mistry MD Pharmacology.pdf
Alcohol_Dr. Jeenal Mistry MD Pharmacology.pdfAlcohol_Dr. Jeenal Mistry MD Pharmacology.pdf
Alcohol_Dr. Jeenal Mistry MD Pharmacology.pdf
 
Physiology of Special Chemical Sensation of Taste
Physiology of Special Chemical Sensation of TastePhysiology of Special Chemical Sensation of Taste
Physiology of Special Chemical Sensation of Taste
 
Ocular injury ppt Upendra pal optometrist upums saifai etawah
Ocular injury  ppt  Upendra pal  optometrist upums saifai etawahOcular injury  ppt  Upendra pal  optometrist upums saifai etawah
Ocular injury ppt Upendra pal optometrist upums saifai etawah
 
The POPPY STUDY (Preconception to post-partum cardiovascular function in prim...
The POPPY STUDY (Preconception to post-partum cardiovascular function in prim...The POPPY STUDY (Preconception to post-partum cardiovascular function in prim...
The POPPY STUDY (Preconception to post-partum cardiovascular function in prim...
 
POST OPERATIVE OLIGURIA and its management
POST OPERATIVE OLIGURIA and its managementPOST OPERATIVE OLIGURIA and its management
POST OPERATIVE OLIGURIA and its management
 
KDIGO 2024 guidelines for diabetologists
KDIGO 2024 guidelines for diabetologistsKDIGO 2024 guidelines for diabetologists
KDIGO 2024 guidelines for diabetologists
 

The physician market Part 1

  • 1. The Physician Market, Part 1 Professor Vivian Ho Health Economics Fall 2007 These slides draw from material in Santerre & Neun, Health Economics, Theories, Insights and Industry Studies, Thomson 2007.
  • 2.
  • 3.  
  • 5. *The AMA defines primary care as including family practice, general practice, internal medicine, obstetrics/gynecology, and pediatrics. Physician Market Structure (cont.)
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15. Production, Costs, and Economies of Scale $7.26 (1.08) $35.36** (2.12) Test interpretation $4.84 (1.35) $12.14** (2.16) Hospital visit $14.77*** (2.91) $22.14*** (3.26) Office visit, est. patient $66.34** (2.00) $59.99* (1.68) Office visit, new patient Marginal non-phys. Costs Full Marginal Cost Output
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25.
  • 26.
  • 27.
  • 28.
  • 29.
  • 30.
  • 31.
  • 32.
  • 33.
  • 34. RESULTS 31,429 in original sample 30,195 located on first review 22,378 negative for screening criteria 7817 positive for screening criteria 7743 reviewed by physicians 6465 without adverse events 1278 with adverse events 972 with no negligence 306 with negligence Figure 1. The Record-Review Process. Numbers of medical records are shown.
  • 35.
  • 36. STATEWIDE ESTIMATES 27,197 adverse events due to negligence 26,764 with no malpractice claims (98%) 415 malpractice claims (2%) 14,180 with strong evidence of negligence 12,858 with disability 7462 with disability <6mo (58%) 5396 with disability >6mo (42%) 2834 patients <70yo (53%) 2562 patients  70yo (47%)
  • 37.
  • 38.
  • 39. Rates of Adverse Events and Negligence Specialty Adverse Events Negligence (percentage) (percentage) Orthopedics 4.1 22.4 Urology 4.9 19.4 Neurosurgery 9.9 35.6 Thoracic & Cardiac Surgery 10.8 23.0 Vascular Surgery 16.1 18.0 Obstetrics 1.5 38.3 Neonatology 0.6 25.8 General Surgery 7.0 28.0 General Medicine 3.6 30.9 Other 3.0 19.7 P value <0.0001 0.64
  • 40.
  • 41.
  • 42.