Healthcare costs and the promise to “do no harm”
Physicians Practice May 17, 2024
Less than 1 in 5 physicians and approximately 1 in ten residents were able to provide a price estimate within ±25% of true values across all surveyed costs, charges, and reimbursements.
Through no fault of their own, physicians are acutely unaware of the costs borne by their patients. Regardless of their experience in providing healthcare services, less than 1 in 5 physicians and approximately 1 in ten residents were able to provide a price estimate within ±25% of true values across all surveyed costs, charges, and reimbursements.
Physicians are here to help and understand that costs have a material impact upon health and wellbeing. The mission can not be done alone. Collaboration with patients, practices, health plans, and policy is...