A recent Medscape report, “Cost Oversight at Medical Providers,” published Sept. 16, surveyed 1,007 physicians across 29 specialties to gauge how cost-cutting efforts are shaping their work.
From patient care to staff morale, here’s how physicians say cost reduction affects daily practice and organizational health:
Here’s how physicians say their employer emphasizes costs:
- Very strong: 16%
- Strong: 32%
- Moderate: 36%
- Slight: 12%
- None at all: 4%
How physicians view impacts of cost reduction on patient care:
- Negative impact: 60%
- Positive impact: 9%
- No impact: 31%
How physicians view impacts of cost reduction on business operations:
- Negative impact: 32%
- Positive impact: 31%
- No impact: 37%
How physicians view impacts of cost reduction on profitability:
- Negative impact: 16%
- Positive impact: 52%
- No impact: 33%
How physicians view impacts of staff relations:
- Negative impact: 69%
- Positive impact: 8%
- No impact: 23%
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