The Healthcare Problem
Doctor devaluation is the most concerning problem with healthcare today
Defining the Problem
Healthcare prices increase but doctor compensation does not
There’s two main drivers of healthcare price increases:
1. Provider megamergers
Prices typically increase following the merger of two health systems, as the combined entity gains market share and greater negotiating power.
2. Physician consolidation and employment
More doctors are now working as employees of hospitals, health systems, and medical groups, which tend to charge higher prices than independent doctors.