![Spacer](images/spacer.gif)
![Spacer](images/spacer.gif)
![Spacer](images/spacer.gif)
|
|
|
|
Search
11/22/2022 Lawrence Oloff, DPM
The Commercialization of Medicine
RE: The Commercialization of Medicine From: Lawrence Oloff, DPM
I would like to share my frustrations with the commercialization of medicine. I grew up in an era of medicine where surgical equipment companies would introduce doctors to their newest gizmo via reps and meetings. Some of these were true advancements, and other not. Doctors would attend labs, listen to experts, and would then incorporate new devices/implants into their practice that they felt had merit. We have now entered an era where companies target the consumer.
In essence, a backdoor approach to the doctor. Promises of better results and faster recoveries have flooded the marketplace via the internet, and have zeroed in on an easier target - the consumer. The non-medical mind does not have the same expertise to evaluate studies, compare the value of a new product and how it compares to what is out there. I can at least admire this for its cleverness.
What perturbs me is I find myself in the awkward position, every day, of having to explain to patients why these procedures do not offer any benefit to their situation compared to what I do now. I cannot label these procedures as sales pitches to my patients because it will just come across as being defensive. I just sit and spend endless time trying to educate patients to the medical facts.
I apologize for narrowing on one procedure, but the lapiplasty is one such example. I have been doing Lapidus procedures for many years. It is one of the bunion procedures that I use when I feel it is indicated. I feel that the fundamentals for a successful Lapidus is a good joint prep as with any arthrodesis, and good fixation as with any arthrodesis.
There is a lot of money involved in this era of new devices. I do not want to deny any doctor the right to profit from their inventions. I wish them all the best and congratulate them on their success. I feel if someone invents something it would then be best to then take a step back and let others who have no vested interest, either via direct ownership or generous speaker honorariums, then advocate the value of these products to the medical community. I will not comment on the extreme costs of these new devices that, in my humble opinion, offer little advantage less expensive alternatives.
Lawrence Oloff, DPM, Burlingame, CA
Other messages in this thread:
12/04/2022 Robert Kornfeld, DPM
The Commercialization of Medicine (Ivar Roth, DPM, MPH)
Kudos to Dr. Roth for his direct pay success. I went direct pay in 2000 and I agree, it was a slow start. However, with a strong niche, consistent marketing, a schedule that eliminates waiting time and rushed appointments as well as being easily available to speak with patients, you can build a very low stress, low expense, successful practice. There are downsides though. You need to consistently market your services. No one will find you in a list of participating doctors. You’ll get many calls from prospective patients who are interested but once they find out you don’t take insurance, will not come.
But, it is the epitome of working smart and not hard. When I dropped insurance, I was up to 60-70 patients a day. I was exhausted and stressed. Mistakes were made. Omissions were made. A fair amount of angry patients had to wait in the waiting room sometimes up to 2 hours. I hated it. Worst of all, expenses were so high my %age net was dismal. My only word of caution. I believe now is a good time to begin positioning yourself for the change but because of the looming recession, do not expect lots of interest/traffic too soon.
I have been in a good position for many years because most of what I do is not covered by insurance. You must have a STRONG NICHE to make it work or possess superior expertise to stand out to those who are willing to pay.
I have consistently opined that the only way to make health care a great profession again is for ALL doctors to drop out. Realize without us, insurance companies have no product to sell. One of two things would happen. 1) They would have to create logical reimbursements rates or 2) it would push the one-payor system into being. But doctors have cooperated with insurance companies and now they’ve got you by the b*#”s.
Now, at 68 years old, it doesn’t much matter to me. I tried for years to get podiatrists on board with my paradigm and practice model but instead of growing the sub-specialty of functional medicine for foot and ankle care, podiatrists who did not know me or ever bother to learn about what I was doing attacked me on the internet and turned me into the NYS Education Dept. for practicing “dangerous, unproven protocols”. Small minded people do small minded things. The investigator that interviewed me actually became a patient of mine. After suffering with chronic Achilles tendinitis for 9 years, he was healed and has sent me many patients over the years. I’m still here in spite of my “colleagues”.
You can all do what you wish to do. In my 40+ years of practice, I’ve watched this profession choose the road of a slow and painful death.
Robert Kornfeld, DPM, ny, ny
11/28/2022 Allen Jacobs, DPM
The Commercialization of Medicine ( Lawrence Oloff, DPM)
Because the goal of industry is to profit from sales, industry has an incentive to influence potential customers. This creates a conflict of interest between industry which drives to maximize profit and the podiatric physician who wishes to provide safe and effective care for the patient. The question is whether you can perform a procedure with 95% success, and whether the addition of a widget which may cost as much as $8000 would be of additional benefit to the patient. The objectivity of industry marketing can never be taken for granted. Industry influence is reflected in industry sponsored research, publication practices, marketing disguised as education, and sponsorship of opinion leaders and seminar lectures and lecturers.
Because industry begins their marketing with students and residents, there is an impact on knowledge, attitude and behavior of students and residents, and an inability of students and residents to recognize wrong claims by industry. This fosters changes in attitude by students and residents such that they develop a positive attitude toward representatives from various companies, increased awareness and preference for their products, which tends to foster rapid adaptation of new drugs and devices without a long term view regarding patient benefit and safety.
The following questions should be considered by PM readers:
Number one; should industry be allowed to market implants or fixation devices or wound care products which have not been demonstrated through controlled studies to be effective and superior and cost-effective. Is the 510 K process adequate?
Number two. Should podiatrist give industry, sponsored lectures to students and residents
Number three. Should companies or device manufacturers, hold promotional seminars for residents and students
Number four; should podiatrist utilize information from pharmaceutical or device manufacturers, including research studies, to determine drug or procedure selection
Number five. Should APMA or ACFAS or other components or affiliated interest groups, allow committee members who have conflict of interest, to determine the content of CME programs or participate in the development of practice guidelines?
Number six; is it ethically problematic for pharmaceutical or device manufacturers to ghost write academic papers?
Number seven. Does industry-sponsored research by residency directors, or podiatry colleges create intellectual, and or financial conflict
Mark twain said it best. “Data is like garbage. You better know what you are going to do with it before you collect it”
Over 100 years ago, Sir William Osler warned of industry generated “plausible pseudoscience” and its influence in medicine.
Apparently not much has changed. Maybe the recently discussed “ageism” has crept into my practice. My question is why change what is safe and cost-effective for personal profit?
Allen Jacobs, DPM, St-Louis, MO
11/28/2022 Allen Jacobs, DPM
The Commercialization of Medicine (Lawrence Oloff, DPM)
Because the goal of industry is to profit from sales, industry has an incentive to influence potential customers. This creates a conflict of interest between industry which drives to maximize profit and the podiatric physician who wishes to provide safe and effective care for the patient. The question is whether you can perform a procedure with 95% success, and whether the addition of a widget which may cost as much as $8000 would be of additional benefit to the patient. The objectivity of industry marketing can never be taken for granted. Industry influence is reflected in industry sponsored research, publication practices, marketing disguised as education, and sponsorship of opinion leaders and seminar lectures and lecturers.
Because industry begins their marketing with students and residents, there is an impact on knowledge, attitude and behavior of students and residents, and an inability of students and residents to recognize wrong claims by industry. This fosters changes in attitude by students and residents such that they develop a positive attitude toward representatives from various companies, increased awareness and preference for their products, which tends to foster rapid adaptation of new drugs and devices without a long term view regarding patient benefit and safety.
The following questions should be considered by PM readers:
Number one; should industry be allowed to market implants or fixation devices or wound care products which have not been demonstrated through controlled studies to be effective and superior and cost-effective. Is the 510 K process adequate?
Number two. Should podiatrist give industry, sponsored lectures to students and residents
Number three. Should companies or device manufacturers, hold promotional seminars for residents and students
Number four; should podiatrist utilize information from pharmaceutical or device manufacturers, including research studies, to determine drug or procedure selection
Number five. Should APMA or ACFAS or other components or affiliated interest groups, allow committee members who have conflict of interest, to determine the content of CME programs or participate in the development of practice guidelines?
Number six; is it ethically problematic for pharmaceutical or device manufacturers to ghost write academic papers?
Number seven. Does industry sponsored research by residency directors, or podiatry colleges create intellectual, and or financial conflict
Mark twain said it best. “Data is like garbage. You better know what you are going to do with it before you collect it”
Over 100 years ago, Sir William Osler warned of industry generated “plausible pseudoscience” and its influence in medicine.
Apparently not much has changed. Maybe the recently discussed “ageism” has crept into my practice. My question is why change what is safe and cost-effective for personal profit?
Allen Jacobs, DPM, St. Louis, MO
|
|
|
|
|