Asymmetry of information between patients and physicians

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Physicians may abuse their role as medical advisors to advance their own economic self-interests due to an asymmetry of information between patients and physicians.

As innovative up-and-comers in the health care field, how would you decrease the level of asymmetry between physician and patient in the health care organization you work/will work for, and therefore empower both the physicians and patients?
2. It is almost impossible for one to be uninformed of the health care debate going on in the United States of America. The growing health care costs have been a concern causing third party payers, both private and public, to seek new ways to reimburse physicians. As a future HCA, what are some effective ways of reimbursing physicians in order to contain health care cost?

Reference no: EM13671053

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