The corporate acquisition of medicine has been disastrous. Trading autonomy for security, doctors have lost their time honored role. They are no longer captains of their ships , masters of their destiny but property of the firm. The last hope is for doctors to break free from corporate capture. Form practice groups and regain their autonomy.
AMEN!!!! In a perfect world, we bankrupt the corporate system and healthcare goes back to Mainstreet where providers control their own practice and care for patients. If we had that model in place, the stupidity we lived through the last 3 years would have had much less death and destruction. We neutered healthcare when we let the CEO’s rule the roost.
Great data and an excellent presentation, as always. You're right on target. And I also agree with you about independent doctors. I see only independent medical doctors, holistic if possible. The difference in quality of care and attitude is light years apart from private equity-owned facilities.
In addition to private equity firms, two other significant factors have greatly reduced quality of health care in the US.
1) The Affordable Care Act was and is a disaster on all levels. It placed too much control of health decisions in the hands of insurance companies.
2) The Pharma/Rockefeller Foundation factor. These allied and powerful organizations have negatively influenced the medical industry for many decades, and that influence has grown steadily. They have corrupted medical schools, school boards and hospitals.
I absolutely agree! The ACA was a money grab for vaccinations and mandatory entry into the healthcare cogwheel moneymaking regime. If Rockefeller/Flexner had never happened in 1910, our population would be healthy and thriving, not sick and dependent on pharma.
For once, lawyers got something right. Non-lawyers can't own any stake in a law firm and profits can't be split with non-lawyers. Perhaps the medical profession could benefit from a similar rule.
Thank you Jennifer. The lunatic govtards in fcUKdup are hell bent on "privatising" the now virtually bankrupt NHS. This post reinforces just exactly where that privatisation will lead. Disaster at the hands of the all grabbing evil avaricious money monsters.
Unfortunately everything you mention as disadvantages of privatization occurs when the healthcare system is either public or public/private. I've been associated with both. I'd add that for anything public you have to add the politics factor, which is highly corrupting. Plus, even if you are private, if you accept medicare patients, you mght as well be held by an equity company with manipulative regulations that have been the crux of the Covid-19 mis-management, at least in my experience. Our state is attempting to break the privatization move up a little with a Certificate of Need bill. Certificate of Need is viewed by politicians and a large number of people as being the big villain. It is just one villian of many. CON thrusts politics into the private sector, generally forcing doctors into a hospital system because they can't get the state CON... (power of the regionals). I suppose that can help; it's one thing that needs to happen. But Medicare and the cost of running a business will sink the private practice anyway. I imagine that doesn't impact your psych practice, but the family doctor, internist, etc all need EMRs, Imaging, other diagnostic equipment, billing, scheduling, payroll, insurance... (I estimate it takes a minimum of 3 staff to support 1 doc.) There's really no choice right now except to go concierge. That will only work for very rich people than don't need medicare or for young people that aren't on medicare. But the latter are a lot of people, so the concierge does work, assuming there can be a shared expense diagnostic center within reasonable distance of the office. Eliminating CON is a necessary prerequisite for that.
Good on you Jennifer for staying independent.
I would leave healthcare before ever going corporate again if that was my only choice.
The corporate acquisition of medicine has been disastrous. Trading autonomy for security, doctors have lost their time honored role. They are no longer captains of their ships , masters of their destiny but property of the firm. The last hope is for doctors to break free from corporate capture. Form practice groups and regain their autonomy.
AMEN!!!! In a perfect world, we bankrupt the corporate system and healthcare goes back to Mainstreet where providers control their own practice and care for patients. If we had that model in place, the stupidity we lived through the last 3 years would have had much less death and destruction. We neutered healthcare when we let the CEO’s rule the roost.
Great data and an excellent presentation, as always. You're right on target. And I also agree with you about independent doctors. I see only independent medical doctors, holistic if possible. The difference in quality of care and attitude is light years apart from private equity-owned facilities.
In addition to private equity firms, two other significant factors have greatly reduced quality of health care in the US.
1) The Affordable Care Act was and is a disaster on all levels. It placed too much control of health decisions in the hands of insurance companies.
2) The Pharma/Rockefeller Foundation factor. These allied and powerful organizations have negatively influenced the medical industry for many decades, and that influence has grown steadily. They have corrupted medical schools, school boards and hospitals.
I absolutely agree! The ACA was a money grab for vaccinations and mandatory entry into the healthcare cogwheel moneymaking regime. If Rockefeller/Flexner had never happened in 1910, our population would be healthy and thriving, not sick and dependent on pharma.
💯💯🎯
I avoid them at all costs. Profit before health. What else can I say? They are money maggots. Peace. :-)
For once, lawyers got something right. Non-lawyers can't own any stake in a law firm and profits can't be split with non-lawyers. Perhaps the medical profession could benefit from a similar rule.
Thank you Jennifer. The lunatic govtards in fcUKdup are hell bent on "privatising" the now virtually bankrupt NHS. This post reinforces just exactly where that privatisation will lead. Disaster at the hands of the all grabbing evil avaricious money monsters.
For your & all of your follower's consideration. My take on the current mess. https://andybunting.substack.com/p/awake
Unfortunately everything you mention as disadvantages of privatization occurs when the healthcare system is either public or public/private. I've been associated with both. I'd add that for anything public you have to add the politics factor, which is highly corrupting. Plus, even if you are private, if you accept medicare patients, you mght as well be held by an equity company with manipulative regulations that have been the crux of the Covid-19 mis-management, at least in my experience. Our state is attempting to break the privatization move up a little with a Certificate of Need bill. Certificate of Need is viewed by politicians and a large number of people as being the big villain. It is just one villian of many. CON thrusts politics into the private sector, generally forcing doctors into a hospital system because they can't get the state CON... (power of the regionals). I suppose that can help; it's one thing that needs to happen. But Medicare and the cost of running a business will sink the private practice anyway. I imagine that doesn't impact your psych practice, but the family doctor, internist, etc all need EMRs, Imaging, other diagnostic equipment, billing, scheduling, payroll, insurance... (I estimate it takes a minimum of 3 staff to support 1 doc.) There's really no choice right now except to go concierge. That will only work for very rich people than don't need medicare or for young people that aren't on medicare. But the latter are a lot of people, so the concierge does work, assuming there can be a shared expense diagnostic center within reasonable distance of the office. Eliminating CON is a necessary prerequisite for that.
Concierge will definitely be the way of the future in my opinion. For the multitude of reasons you laid out here.