Corporate Medicine Is Here to Stay


Whether the name is corporate medicine, managed care or the physician organization of the future, there is a definite trend in the health care industry towards a more corporate approach to medical care. While these approaches can benefit consumers, they can also lead to a number of issues.

One of the most obvious reasons for the increased involvement of corporate entities in the healthcare industry is the advancing technology. While it's true that medicine has improved with the ubiquity of computers and the internet, it's also true that the cost of doing business has skyrocketed.

Having a corporation involved in the practice of medicine can bring conflicts of interest and the potential for unethical practices. A good example of this is the recent controversies over the price of some drugs. While consumers are certainly concerned about the cost of prescription drugs, the issue of malpractice has also risen to the forefront. Click here and find more information on corporate medicine.

Increasing regulation has also circumscribed the autonomy of individual practitioners. While it's true that the FDA approves drugs based on clinical trials, it's also true that drugs are kept at low cost through the use of marketing gimmicks. In addition, adverse drug reactions are kept secret and existing drugs are redesigned to look like new molecules.

Another way that the corporate world has invaded the medical world is through Continuing Medical Education (CME) programs. While the purpose of these programs is to ensure that doctors are well informed about the latest medical advances, some companies offer cash-free insurance packages to their employees. Some students try to earn a living through the profession, but end up as quacks.

The fact that corporations are increasingly involved in the medical field is causing discontent among physicians. A growing number of physicians are becoming entrepreneurs, or joining the ranks of the physician-entrepreneur. While this may seem like a positive move for the doctor, it raises ethical questions.

Many hospitals have made physician practices part of their corporate structure, making it difficult for doctors to broaden their practices. In some cases, doctors have been forced to work for the hospital as part of a merger. When a hospital merger failed, a senior cardiac surgeon was fired without warning. This is an unfortunate occurrence. It is a clear indication of the dysfunctional culture that has infiltrated the medical field. Check out our website at to find more information on corporate medicine.

The bottom line is that corporate medicine is here to stay. It's not something that can be easily changed, and it's also not something that can be eliminated. However, it is a concept that can be rethought. To do this, physicians can redefine the practice of medicine by creating physician organizations. This can also help them better serve their patients.

The best way to do this is to focus on patient welfare. The goal of medicine should be to reduce errors and increase the likelihood of successful treatment. In addition to that, physicians should also be involved in large-scale prevention programs. They should also be involved in areas that corporate physicians are likely to avoid. Check out this related post to get more enlightened on the topic:


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