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1Heart Institute, Geisinger Health System, Danville, Pennsylvania.
Insights
Patients significantly overestimate Medicare payments for coronary stenting procedures, believing actual costs are much higher than they should be. This perception may impact the physician-patient relationship, though other factors are more influential.
Area of Science:
- Cardiovascular Medicine
- Health Economics
- Patient Perception Studies
Background:
- Patients surveyed in Southern California demonstrate a substantial overestimation of Medicare payments for elective coronary stenting.
- Patients inaccurately perceive hospital payments as several-fold higher and physician payments as over 15-fold higher than actual amounts.
Discussion:
- Patient beliefs about procedure costs diverge significantly from reality, influencing their expectations for appropriate payment levels.
- While hypothesized to affect the physician-patient relationship, the impact of these payment perceptions may be less significant than other established factors.
Key Insights:
- A notable disconnect exists between patient-perceived and actual Medicare reimbursement for coronary stenting.
- Patients desire lower payments than they erroneously believe are made, yet advocate for higher payments than actual physician and hospital reimbursements.
Outlook:
- Further research could explore the impact of providing accurate payment information on patient-physician relationship dynamics.
- Investigating patient opinions on physician payments before and after receiving factual data is recommended to assess their true importance.
Abstract:
A survey of patients and physicians in southern California indicates that patients overestimate Medicare payments to hospitals for elective coronary stenting several-fold and overestimate Medicare payments to physicians for coronary stenting over 15-fold. Patients think payments should be less than they erroneously think hospitals and physicians are paid but should be much more than hospitals and physicians are paid. The authors hypothesize that patients' view of physician payments may interfere with the physician-patient relationship, but data from other studies of physician-patient relationships suggest other factors are much more important. The importance of patients' opinions regarding physician payments for procedures could be further assessed by surveying patients about relationships with physicians before versus after information is given about actual payments.
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