..... Health ?

Sunday, February 06, 2005

Is my doc his money worth?

The main problem in western healthcare today is that it is getting too expensive.

There are several factors accountable for this. But the key reason, that prevents an effective cost control, is that healthcare is an extremely intransparent market. It is very hard to know for patients, whether their doctor is a good one or a bad one. Even for doctors themselves, it is many times almost impossible to find out how good or bad their colleagues are.

If there was a way to measure the quality of physicians' work, one that would allow to really compare one doctor with another, that would be THE breakthrough to give market forces a realistic chance -- which would lower costs in healthcare substantially.

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