Several health care corporations have successfully lobbied Congress to maximize their financial position. Aside from the financial gain, these companies also gained credibility with their impressive corporate offices and aggressive marketing strategies. This is due to the fact that many politicians believe that these companies can provide superior service. In the long run, this approach will fail because of a fundamental factor: corporate medicine is simply not the same as providing humane and quality medical care. For one, hospitals have bought out physician practices, preventing physicians from joining other institutions or expanding their practices. Moreover, a senior cardiac surgeon was sacked without warning when merger talks between the hospital and a private doctor failed. Similarly, drugstores have merged with surgical centers, and pharmacy benefit managers have merged with physicians' practices. These mergers could prove detrimental to public health and could transform the American healthcare system into a giant corporate healthcare blob, check here for more information on corporate medicine. For instance, DaVita has paid hundreds of millions of dollars to settle claims related to Medicare fraud and overuse of potentially dangerous medication. These companies have also seized the opportunity to become international health care consultants. The two largest dialysis corporations are DaVita and Fresenius. These corporations are now the dominant players in the dialysis industry. Another example of cronyism is the American Medical Association's (AMA) deal with Congress. In order to get Congress to pass legislation to limit corporate practice of medicine, the AMA's executives created a self-titled "Codebook for Physician Billing." They have been sole proprietors of physician billing codebooks since the early 1990s. In the process, they have sucked profits from sick people. This is a tricky business. In the AMA's codebook, physicians are required to opt out of third-party contracts. This creates an incentive for doctors to participate in administrative procedures, which can lead to increased costs. In turn, these costs are passed on to the patients. This type of profiteering is a direct violation of humane and quality medical care. In addition, medical professionals face the potential for criminal sanctions when they do not follow the law. This includes the False Claims Act, the Anti-Kickback Statute, and other federal laws that govern the practice of medicine. These laws also affect reimbursement decision making. In addition, a dysfunctional corporate culture can lead to high turnover rates and poor employee morale. It is important to maintain a healthy workplace environment in order to avoid a high level of stress. In addition, the profession should prioritize patient welfare over profit. Click here and read more more about corporate medicine. In order to achieve this, the profession should also promote single window assistance, minimize error rates, and keep costs under control. However, this cannot be achieved if the ethics of medicine are not properly discussed. The authors argue that this is possible only if there is a debate about the values of medicine. Lastly, physicians should not be under the control of laymen. This is especially true in the market-oriented system. In addition, physicians should not be required to join a hospital corporate entity. They should instead form a physician organization, which is free from the corporate stranglehold. If you want to know more about this topic, then click here: www.huffpost.com/life/topic/health-and-medicine
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