Managed Care

 

'Doctors take oaths, lawyers take money'

MANAGED CARE June 2003. © MediMedia USA
Compensation Monitor

'Doctors take oaths, lawyers take money'

It ain't necessarily so...
MANAGED CARE June 2003. ©MediMedia USA













It ain't necessarily so...

Physician rallies to raise awareness of the skyrocketing costs of malpractice premium insurance have blamed many parties, including government, the insurance industry, and especially lawyers. Long the butt of jokes, malpractice and trial lawyers find themselves coming under fire from one of the strongest lobbying groups in the country — physicians.

A review of the hourly compensation rates of lawyers and physicians by the federal Bureau of Labor Statistics reveals, however, greater increases in hourly wages reported by physicians from 1997 through 2001 than by their lawyer counterparts. The data show an increase in hourly wages reported by physicians from $38.80 in 1997 to $60.14 in 2001. During the same period, lawyers' wages rose from $34.48 to $38.77. The bureau was unable to explain the big jump from 1998 to 1999; a spokesman suggested that different populations were measured.

SOURCE: BUREAU OF LABOR STATISTICS

Meetings

Private Health Insurance Exchanges Conference Washington, D.C. October 7–8, 2014
National Healthcare Facility Management Summit Palm Beach, FL October 16–17, 2014
National Healthcare CFO Summit Las Vegas, NV October 19–21, 2014
National Healthcare CXO Summit Las Vegas, NV October 19–21, 2014
Innovative Member Engagement Operations For Health Plans Las Vegas, NV October 20–21, 2014
4th Partnering With ACOs Summit Los Angeles, CA October 27–28, 2014
2014 Annual HEDIS® and Star Ratings Symposium Nashville, TN November 3–4, 2014
PCMH & Shared Savings ACO Leadership Summit Nashville, TN November 3–4, 2014
World Orphan Drug Congress Europe 2014 Brussels, Belgium November 12–14, 2014
Medicare Risk Adjustment, Revenue Management, & Star Ratings Fort Lauderdale, FL November 12–14, 2014
Healthcare Chief Medical Officer Forum Alexandria, VA November 13–14, 2014
Home Care Leadership Summit Atlanta, GA November 17–18, 2014