Wednesday, September 7, 2011

Quick Links: Time, Retail Clinics, ACO Costs

Dr. Rick Donahue correctly notes that, "The secret to better patient care is time".

Note that this is one of the key values that a good concierge or "direct pay" physician offers the patient -- the ability to spend adequate time discussion problems and concerns. The current system dominated by 3rd-party insurance, Medicare and other forms of government-driven "coverage" put doctors in a position where they typically can spend only 15 minutes per patient.

Economist Mark Perry discusses the beneficial boom in "retail clinics". The partially-free market is doing well! (Via Kelly V.)

Other economists warn, "ACOs May Not End Wasteful Health Spending". But I'm sure the statists will be "shocked, shocked" when ACOs "unexpectedly" cost more than projected.