5 Problem Areas Physician Decision Makers Hear about when Taking Critical Decisions

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5 Problem Areas Physician Decision Makers Hear about when Taking Critical Decisions Patient-physician relation is the vital element of medical practice. International Code of Medical Ethics states, “A physician shall owe his/her patient complete loyalty and all the scientific resources available to him/her.” Ideally, it is the physician’s experience and clinical training that helps him or her gauge the situation and decide on the patient’s future course of treatment. However, the physician has to take into consideration a host of issues such as pressure to use new equipment as a marketing strategy, insurance or even a lawsuit filed by the patient because the physician inadvertently overlooked into the diagnosis. These matters may seem like a one in a hundred cases, but they are not so rare. Although most doctors make correct or at least the best possible decision taking into consideration the patient’s health, there are factors influencing the decision making process. Here are some of the major problem areas that need a careful understanding before a physician makes a decision. Patient Pressure This is one of the biggest influencers in making decision. While 15% of them do not exercise any influence, about 50%influence little influence. However, 35% patients exercise a major influence on the physicians. They demand an extra test to exercise extra caution. Although physicians try to educate the patients on the unnecessary treatments, there are many who give in so as to avoid losing the patient to a potential competitor. Lawsuits Everybody fears the law. Therefore, a major influence on decision making is thanks to the defensive mechanism. Studies suggest that physicians not only order tests to protect themselves, but also change ways of practice when the risk of malpractice increases. Revenue Considerations Reimbursements are clearly a matter of concern. 70% doctors have actually admitted that they take the reimbursement and revenue into account while deciding on procedures and tests to be performed. This is one reason why reimbursement reforms and pay for performance have garnered so much attention recently. Since the key to healthcare cost Call now 888-357-3226 (Toll Free) info@medicalbillers.com

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