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You are currently browsing the WORLD HEALTH BLOG by Orville Campbell, MD weblog archives for August, 2009.
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Archive for August 2009
Look Elsewhere for Healthcare Cost Savings!
August 21, 2009 by Orville Campbell, MD.
Physician compensation is less than 10% of healthcare costs. However, physicians spend $31 billion per year interacting with insurance companies (almost 7% of the cost). Most of this interaction is trying to get paid for services rendered and to fight denial of payment and denial services to our patients. My office is only a part of one floor of an office building. Many insurance companies have skyscraper offices. So, who do you think is making the money. Follow me on Twitter:
www.Twitter.com/DoctorOCampbell
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