Time is up: increasing shadow price of time in primary-care office visits

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Speaking and interruptions during primary care office visits.

BACKGROUND Patients and physicians value effective communication and consider it an essential part of the medical encounter. This study examined physician-patient communication patterns, and interruptions in communication, during patient visits with family practice and internal medicine residents. METHODS Observational data obtained from 60 routine primary care office visits included the time...

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Managed care and shadow price.

A managed-care company must decide on allocating resources of many services to many groups of enrollees. The profit-maximizing allocation rule is characterized. For each group, the marginal utilities across all services are equalized. The equilibrium has an enrollee group shadow price interpretation. The equilibrium spending allocation can be implemented by letting utilitarian physicians decide...

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ژورنال

عنوان ژورنال: Health Economics

سال: 2011

ISSN: 1057-9230

DOI: 10.1002/hec.1726