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Related Experiment Videos

Waiting time as a competitive device: an example from general medical practice.

Tor Iversen1, Hilde Lurås

  • 1Health Economics Research Programme, University of Oslo (HERO), Center for Health Administration, Rikshospitalet, N-0027, Oslo. tor.iversen@samfunnsmed.uio.no

International Journal of Health Care Finance and Economics
|November 25, 2003
PubMed
Summary

Physicians with lower perceived quality may reduce wait times to attract patients, leading to varied appointment lengths. This challenges the traditional view of patient- versus physician-initiated consultations.

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Area of Science:

  • Health economics
  • Physician behavior
  • Market dynamics

Background:

  • Physician services often involve patient waiting times.
  • The factors influencing these waiting times are complex.
  • Understanding physician incentives is crucial for healthcare policy.

Purpose of the Study:

  • To develop a theoretical model predicting physician decisions on waiting time reduction.
  • To investigate the relationship between physician quality characteristics and waiting times.
  • To examine the implications for market equilibrium and consultation types.

Main Methods:

  • Theoretical modeling of physician behavior.
  • Empirical analysis of data from Norwegian general practitioners.
  • Economic modeling of healthcare markets.

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Main Results:

  • Physicians with lower perceived quality are predicted to reduce waiting times.
  • Empirical data supports the hypothesis that quality variations lead to a range of waiting times.
  • Physician-offered waiting times impact patient consultation numbers.

Conclusions:

  • Physician quality perception influences waiting time strategies.
  • Healthcare markets exhibit a spectrum of waiting times due to physician heterogeneity.
  • The distinction between patient- and physician-initiated consultations may be blurred.