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FORMULA FOR DECISION MAKING
RESOURCE ALLOCATION FORMULA FOR DECISION MAKING
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GE = GM = GL = GE GOOD ETHICS
FULL ATTENTION TO THE PATIENT’S BEST INTERESTS --- ESPECIALLY AS IDENTIFIED BY THE PATIENT THROUGH THE EXERCISE OF AUTONOMY --- AND APPROPRIATE UTILIZATION OF CLINICIANS IN HELPING PATIENTS IDENTIFY THOSE BEST INTERESTS
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GE = GM = GL = GE GOOD MEDICINE LEADS TO A PROPER THERAPEUTIC RESPONSE
WITHIN THE OVERALL CONTEXT OF THE PATIENT’S VALUES AND PRIORITIES AND ACCEPTABLE STANDARDS OF PROFESSIONAL MEDICAL PRACTICE
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GE = GM = GL = GE GOOD LAW PROTECTING THE PATIENT’S RIGHTS TO INFORMATION AND SELF-DETERMINATION AS WELL AS THE INTEGRITY OF THE CAREGIVER IN FOLLOWING THE STANDARDS OF ORDINARY MEDICAL PRACTICE.
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GE = GM = GL = GE GOOD ECONOMICS
THIS APPROACH MAY LEAD TO PATIENT-INITIATED RESTRAINT AND A REALISTIC ASSESSMENT OF BENEFITS IN THE UTILIZATION OF HIGH-COST TECHNOLOGICAL INTERVENTIONS WHILE, AT THE SAME TIME, REDUCING EXPENDITURES BY THE PATIENT, INSURERS, AND HEALTHCARE INSTITUTIONS.
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