Question

What are your thoughts on Mayo's system of paying physicians a salary so the goal in patient care is not about increasing the income of the physician?

Answer 1

paying physicians a salary instead of fees is a evolutionary method adopted by mayo's clinic. according to them this process provides best facilities to the patient at a reasonable cost. its one of the best service provider in the states and has a very good record of lower cost. they have the best physicians and has a very good record of famous personalities as there patients. its there cost effective best service that attracts most patient and also the turn over rate is also around which is low that means physicians has also no major problem with the fixed amount of salary. the recruitment there is done in a very competitive manner where they take care of every aspect of a good physician. according to there philosophy the clinic is not for filling the physicians pocket, instead its for providing best services that a patient is rightful to get. they always try to minimise conflict in the sense that if a physician is paid according to how many patients he/she treats then a good physician who is taking goodcare of a few patient will make no money. so they pay the physician according to the quality provided to the patients and not the no. of patient that are being assisted. i think it is one of the best methods to minimise cost and making it affordable for all section of the people but for physicians it might not be a very good option because they can earn a lot more money if they open there own clinic and treat as many patient as they treat and as much as they want to charge for there service.