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04/23/2024 Allen M. Jacobs, DPM
The Future of Podiatry - PART 2
As we move forward (I should say you, as I'm on the 18th green and putting out) there must be a realistic examination of the future of medicine. As corporations and healthcare institutions continue to take over medical care, and insurers evaluate our care, the bottom line is cost effectiveness. This is a major reason why NPs and PAs are replacing MD's and DO's an independent healthcare providers. This is a driving force for pharmacists beginning to provide healthcare. It is a driving force for urgent care centers replacing emergency departments, surgical centers providing services, we can site example after example.
Ultimately, insurance carriers want the least expensive medicine provided, whether it be testing, office fees, drug choice, procedure selection. Industry, such as corporate driven medicine, to the contrary, wants you for profit. You are evaluated by industry first and foremost by the profit you generate. The conflict between industry and payor ( and your personal desire to maintain a profitable practice) creates a conflict that ultimately makes you the proverbial sacrificial lamb. You are damned if you do, damned if you don't.
Patients already blame doctors for increasing copays and deductibles and uncovered services. These problems will continue to increase into the future. As a practitioner, you will have to determine the appropriate path to follow. Does a patient require an expensive non-generic medication when a generic medication would be expected to provide the same result without increased risk? Does a patient require expensive fixation for osteotomies or arthrodesis procedures when these devices provide to proven and published advantage in healing? Do all postural complaints or concerns require formalized orthotics as opposed to prefabricated supports? Do all ankle sprains require a CAM walker boot Do the majority of wounds require expensive wound care products?
The goal of industry is first and foremost profit. As Sir William Osler noted over 100 years ago, although you entered medicine to make a living, this should at all times be a secondary consideration. Industry driven considerations and corporate-driven medicine as your employer encourage more expensive medicine. The retrospective studies on this subject are clear. The loser is not only the patient. It is you. If you cost too much, providers may eliminate you as a provider. If you fail to make an adequate profit, your employer may eliminate you. Remember, what is legal may not be ethical, and what is ethical may not be legal.
Today's podiatry college graduate is entering a difficult world in which to practice. A common denominator is the influence of industry on your decision making for podiatry care. To borrow from Sir William Osler, do not become enslaved by industry created pseudoscience. When you cost more for the same or similar service, without proven benefit to a patient, you are adversarial to the interest of the insurer, as well as your profit first employer. When new technology is introduced, the first question Dr. Jack Schuberth always asks "exactly what is the problem that you are solving?"
Frequently, solutions in search of a problem are expensive. Ethical behavior includes not only your interactions with the patient, but also your interaction with follow podiatrists and the profession as a whole. Included in these interactions are truthful and scientifically based (ie: legitimately studied and published) endorsements of new pharmaceuticals, techniques, and devices. 510K approval means nothing.
Your survival in practice as well as ethical care of patients and your responsibility to society demand cost-effective care. To do otherwise will decrease your value to patient and provider and employer, and could endanger your future.
Allen M. Jacobs, DPM
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