Have you ever wondered if there are advantages to choosing a hospital-employed physician over a private practice South Florida orthopedic surgeon, like Fort Lauderdale Orthopaedics & Sports Medicine? Will you receive better care in a hospital setting? Are the costs more reasonable? Here’s some food for thought.
1. Hospital physicians often cost twice as much as a private physician – for the same service.
A recent article in the Wall Street Journal examined the effects of hospitals acquiring private physician practices. According to the article, these acquisitions aim to increase healthcare efficiency, but they can also dramatically increase prices. Physicians who become part of hospital systems may be paid for services at the systems’ rates, which are often higher than what insurers formerly paid them as independent doctors. The result is that the same service, sometimes provided in the same location, can cost more once a practice signs on with a hospital.
2. Hospital services may be billed at much higher rates.
In addition, services such as imaging scans that physicians previously performed at independent facilities may be billed as hospital outpatient procedures after the private physician practice becomes part of the hospital system. As a result, the cost for these services may double, triple – even quadruple (see article).
3. Hospital physicians are corporate employees.
The corporate medicine model, run by shareholders, takes away freedom and control from the hospital physician. As a result, patients often receive less personal care in a much larger clinical setting, and may have to drive farther for that care.
After comparing the potential costs savings of our private practice to a hospital, not to mention the excellent quality of care our patients enjoy, we think you’ll agree that Fort Lauderdale Orthopaedics & Sports Medicine is the better choice. To learn more about how our leading orthopaedic specialists can help improve your quality of life, call our office today at (954) 400-5544. Our entire team is committed to providing top-quality orthopaedic care that is compassionate, understanding and respectful.