Medical Tuesday Blog
HMOs were necessary to Restrict Doctor spending
In the 1970s, a group of physicians planned the first managed care contract. It was sold on the basis using a Bell-shaped curve, the right half was unnecessary spending. They sold this to hospitals and some physician groups that they could eliminated the right half of the curve in their managed care scheme. They would review charts, obtain dschg planning, get the patients dschg ASAP and save maybe 40% of the health care costs and with their 20% fee, health care costs would certainly decline.
Medical Myths originate when someone else pays the medical bills.
Myths disappear when Patients pay Appropriate Deductibles and Co-payments on Every Service.