Less experienced doctors could be out in cost 'profiling'
Forbes, November 6, 2012
Physicians with less than 10 years of experience practicing medicine cost 13 percent more than their veteran colleagues, according to a new study that could have consequences as health plans "profile" doctors to control premium increases. The research, conducted by the RAND Corp. and published in this month's issue of the journal Health Affairs comes as commercial insurers look at ways to reduce healthcare spending. One way health plans are trying to reduce costs, the study's authors say, is through physician "profiles," which can be used as a basis for lowering a doctor's reimbursement. In addition, researchers said the findings could lead to the less-experienced doctors being excluded from health plan's preferred lists of providers.
Most Viewed
Most Emailed
- $6.4B Henry Ford, Beaumont Merger Failed on Cultural Hurdles
- House Lawmakers Grill CMS Over Health Exchange Navigators
- Fortunately, Angelina Jolie Isn't On Medicare
- Don't Let Nurses Sink Your Bottom Line
- How Chargemaster Data May Affect Hospital Revenue
- Uncompensated Care Faces a Double Hit in Some States
- ED Physicians Key to Half of Hospital Admissions
- Hospital Pricing Transparency a Marketing Game Changer
- Insurer's App Aims to Lower Healthcare Costs, Securely
- Primary Care Docs Average More Hospital Revenue Than Specialists
