Chapter 6: Physicians Health Economics.

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Presentation transcript:

Chapter 6: Physicians Health Economics

PROVIDER – PHYSICIAN - DOCTOR

6.1 financing physicians services revenue

Does payment type affect your ability to get seen? Medicaid BC/BS Medicare

rbrvs Higher number = More work/effort = More money CF = conversion factor GPCI = Graphic practice cost index PW = physician work PE = Practice Expense Facility = Hospital Non-facility = Physician office MI = Malpractice insurance

How does licensure increase physician profits

Supply and demand response to licensed versus unlicensed professions***