Author: Brian Ferguson
Doctors Have to Make a Living Too: The Microeconomcs of Physician Practice delves into the misconceptions about cost drivers in the health care field. Looking at the arguments supporting two common cost cutting and service expanding ideas – the introduction of non-physician practitioners (NPP) or the introduction of doctor’s salaries in place of fee for service – the author finds these ideas ignore fundamental economic realities and, have exactly the opposite impact to what was intended.