According to a
Physician’s Foundation survey released on November 18, 2008, 49% of physician respondents plan to reduce the number of patients seen or stop practicing altogether in the next three years. 78% said medicine is either “no longer rewarding” or “less rewarding”; 60% would not recommend medicine as a career; and 45% would retire immediately if they had the financial means to do so. Primary care, in particular, is in deep trouble. In a
survey of fourth-year students at 11 U.S. medical schools, only 24 of 1177 respondents planned to enter general internal medicine. The American Medical Association predicts a
shortage of 35,000 to 40,000 primary care physicians by 2025.
None of this is really news – it’s a trend that has existed for over a decade. What’s truly disconcerting is the continuing lack of new solutions. The problem is that most proposed “fixes” are predicated on the belief that the business models of health care delivery will remain unchanged. In fact, there are a variety of health care providers and new models of care ready to fill the gap vacated by physicians – nurses, physician assistants, and other physician “extenders,” armed with disruptive technologies, are increasingly able to do more and more sophisticated things in convenient, low-cost settings. Even within the profession, osteopathic physicians and international medical graduates have been filling “undesirable” primary care positions for years. Rather than figuring out how to convince U.S. medical schools to train more primary care physicians, perhaps we should focus a large part of that energy on developing the growth of their disruptive counterparts.
Still, it’s hard to argue that white-coat flight is a positive sign, and the big question is how to make an occupation attractive again to professionals simultaneously threatened with disruption. The first possibility is to help primary care physicians move up-market themselves and disrupt costlier specialists. Just like nurses are working with simplifying diagnostic tools and algorithms, primary care physicians could manage more complex care by using expert systems software, point-of-care diagnostics, and simple-to-deploy devices. By moving up-market, generalists could chase the more attractive reimbursement rates more commonly offered to specialists and procedure-based care. This presents an enormous growth opportunity for clinical software, diagnostics, and therapeutics firms.
Second, we need to encourage business models that reduce paperwork and red tape, while rewarding lifelong wellness care – the core tenet of primary care medicine. Integrated, fixed-fee providers like Kaiser Permanente and Geisinger Health System are ideally situated to help lead the way in creating these new business models, because they can make the appropriate tradeoffs within their integrated systems. Large employers can take a more active role as well. Rather than cutting benefits and increasing employee co-pays to reduce costs, large employers can save money by involving themselves in primary care delivery – via on-site clinics operated by third-party entities like Whole Health Management (now a part of Walgreens) or owned by the employers themselves.
For physicians who cannot imagine being part of the “corporatization” of health care, there’s always concierge medicine. The problem is that this is clearly a sustaining business model – a way to chase higher revenues while still working within the system. It’s fine as a temporary solution for the individual physician, but it does little to resolve the big problems of the health care crisis. Other proposed fixes, such as adjusting reimbursement rates and tort reform, are well-intentioned, but they are short-term and overly simplistic solutions to deeply-rooted problems. Before we can even address issues like physician pay and malpractice concerns, we need to get the business models right first.
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