My Interview Request from The American College of Financial Services

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By Gary Arnesto

RE: Interview Request from The American College of Financial Services

Dr. Marcinko,

I work for the content marketing company Media Shower, and I’m writing on behalf of The American College of Financial Services, a school that offers education in the financial planning field, specifically to help students achieve professional designations such as: Certified Financial Planner (CFP), Chartered Financial Consultant (ChFC), Chartered Life Underwriter (CLU), RICP (Retirement Income Certified Professional), and Financial Services Certified Professional (FSCP).

We’re starting a new Expert Interview series with important people in the financial professional industry, and we’d love to do an email interview with you to run on The American College blog!

We’ll send you a few interview questions, and we’ll turn your responses into a great article for our audience with a link back to The American College. All we ask for in return is a link posted on your site that promotes the interview to your audience.

You can see our website here: http://www.theamericancollege.edu/

If you’d like to discuss the program with someone at the company directly, feel free to contact Xand Griffin at: xgriffin@stratusinteractive.com.

Please let me know if you’d be interested in doing the email interview with us, and we’ll get moving on it right away!

Thank you,

Gary Arnesto

Assessment and RSVP

Many thanks for the invitation Gary, and yes I accept. My opinions may not always be correct; but I am never equivocal.

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DEM tie

David Edward Marcinko MBBS DPM MBA CMP®

http://www.CertifiedMedicalPlanner.org

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Conclusion

Your thoughts and comments on this ME-P are appreciated. Feel free to review our top-left column, and top-right sidebar materials, links, URLs and related websites, too. Then, subscribe to the ME-P. It is fast, free and secure.

Speaker: If you need a moderator or speaker for an upcoming event, Dr. David E. Marcinko; MBA – Publisher-in-Chief of the Medical Executive-Post – is available for seminar or speaking engagements. Contact: MarcinkoAdvisors@msn.com

OUR OTHER PRINT BOOKS AND RELATED INFORMATION SOURCES:

Risk Management, Liability Insurance, and Asset Protection Strategies for Doctors and Advisors: Best Practices from Leading Consultants and Certified Medical Planners™8Comprehensive Financial Planning Strategies for Doctors and Advisors: Best Practices from Leading Consultants and Certified Medical Planners™

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Addictive Investing Personality of Medical Professionals

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“The Addictive Investing Personality of Medical Professionals and Related Compulsions”

An exclusive white-paper report on medical professionals and their investing compulsions by one of the nation’s leading psychologists, gambling addiction and trauma specialists. 

AUTHORS:

Eugene Schmuckler PhD MBA MEd CTS [Behavioral Psychologist]

David Edward Marcinko CMP MBA MBBS

POSITION: Academic Dean: www.CertifiedMedicalPlanner.org an online certification program with fiduciary trademark logo that teaches financial professionals about contemporary health economics, physician focused financial planning, medical business management and related topics of organizational modernity.

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http://www.CertifiedMedicalPlanner.org

TOPIC: The Addictive Investing Personality of Medical Professionals and Related Compulsions

EXERPT: Hard-working physicians and other medical practitioners confronted with the problems associated with managed care and healthcare reform may very well choose to direct a portion of their energies to “playing the market.” It is legal and ethical and offers the opportunity of quickly increasing one’s personal wealth – or NOT.  

Functioning virtually alone prevents others from questioning their actions. While not directly equivalent, this action is akin to the drinker who drinks alone so that no one really knows just how much is consumed – a recipe for financial and emotional disaster.”

Speaker: If you need a moderator or a speaker for an upcoming event, Dr. Gene Schmuckler is available for speaking engagements. Contact him at: MarcinkoAdvisors@msn.com

***

READ WHITE PAPER:

addictive-investing.pdf

Conclusion

Your thoughts and comments on this ME-P are appreciated. Feel free to review our top-left column, and top-right sidebar materials, links, URLs and related websites, too. Then, subscribe to the ME-P. It is fast, free and secure.

Speaker: If you need a moderator or speaker for an upcoming event, Dr. David E. Marcinko; MBA – Publisher-in-Chief of the Medical Executive-Post – is available for seminar or speaking engagements. Contact: MarcinkoAdvisors@msn.com

OUR OTHER PRINT BOOKS AND RELATED INFORMATION SOURCES:

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 Product DetailsProduct Details

http://www.BusinessofMedicalPractice.com

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2008: Prognostications from Healthcare Financials

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SPECIAL REPORT:

A Medical “Executive-Post” Op-Ed Essay

Dr. David Edward Marcinko; MBA, CMP™

[Publisher-in-Chief]

dem-thinkingA new heuristic study by iMBA, Inc., www.MedicalBusinessAdvisors.com suggests that the New Year 2008 could be a big one for the healthcare industrial complex – with these dozen economic observations and postulated structural changes that could profoundly affect the industry – listed in no particular order of importance.

For example: 

1. Changes in both the upward and downward direction to hospital Medicare and Medicaid reimbursements [i.e., 200 new diagnosis codes for severity will increase income – refusing to pay for some “never-events” will decrease income] with corresponding private payer sector similarities.

2.IRS pressure on non-profit hospitals for increased economic reporting transparency [Sarbanes-Oxley Act], improved data integrity and national disaster threat protection [US Patriot Act] and more fiscal accountability [Stark III, etc] to demonstrate adequate community benefits.

3.Increased Medicare and private third-party insurer compliance scrutiny of physician reimbursement via the Omnibus Budget Reconciliation Act [OBRA], with concurrent but paradoxical diminishment of some enterprise-wide Health Insurance Portability and Accountability Act [HIPAA] edits. 

4.The growth of retail medical clinics and the use of healthcare para-professionals that produce more favorable clinical outcomes than initially postulated; as the FDA and related regulatory agencies boost drug and medical device safety standards.

5. Heightened emergence of consumer directed – health care plans [CD-HCPs] with increased consumer education, empowerment and individual accountability; and with augmented marketplace competition for these plans and patients. Moreover private, individual and non-employer based self-insured health care policies will grow. 

6.Rise, by “cohesive-persuasion”, of electronic medical records [EMRs], computerized physician order entry systems [CPOEs] and related health information technology [HIT] endeavors despite slow acceptance – and associated increased costs – by the aging medical community. This will be accompanied by increased protected health information [PHI] data and security breaches, and give credence to both portable and personal electronic health information [PEHI] repositories [flash drives, etc], as a well as commercial off-site aggregated data housing systems www.HealthVault.com and www.RevolutionHealth.com etc.  

7.Continued demise of regional health information organizations [RHIOs] because of the wider acceptance and security of LANs, WANs, intra-nets, blogs and wiki’s, etc., along with the faster spreading use of electronic virtualization technologies. Professional medical social networks will grow www.Sermo.com 

8. Growth of personalized medicine, genomics and individualized medical care plans. Diminished use of overused diagnostic modalities like CTs and PET scans – in favor of more thorough physical examinations [PEs], evidence based medicine [EBM], clinical acumen, experience and informed professional opinions. This will be followed by a decline in individual physician medical liability, but be more than offset with an increase in “class-action” claims with higher damage severity allegations.

9. Further evidence that a patient demand boom – not physician supply dearth – is the foreseeable supply/demand calculus of domestic healthcare; with corresponding macro-economic and budgetary dislocations. Medical school admissions will slow as paraprofessionals invade the scene – lost economic and social standing of physicians will increase – along with patient acceptance of alternative providers.  And, legislation mandating drug and medical device makers to report money given to doctors through honoraria, gifts and travel, etc. will grow as the Grassley-Kohl bill [Physician Payments Sunshine Act] – or similar legislation is enacted.

10. Confirmation that the US is already in the covert throes of a “de-facto” national healthcare system [NHS] – not by political fiat – but by current demographic econometric analysis that suggests that federal and state governments now pay for more than half of all patient care [Medicare, Medicaid; various regional, local and indigent health care systems; the Indian Health Systems, National Prison Systems, etc].

11.  Healthcare outsourcing will continue as “medical tourism” becomes more entrenched for individuals and corporate benefits managers, and the industry consolidates under new safety rules and regulations with slow, but relentless cost increases.

12. Healthcare costs will continue to rise because of sheer patient numbers, but be mitigated somewhat by a “back-to-basics” primary medical philosophy that includes novel utilitarian ideas like true medical-geriatricians, simple cost-effective measures like hand-washing to reduce nosocomial infection rates, end-of-life care initiative modifications, etc. And, the continued slow rise in domestic healthcare GDP over-time [from 15% to >22%, etc.] will not be as financially onerous as predicted. 

Analysis

Opinions on the above prognostications are desired, but comments that include citations are more favored. And, if your stated position is based on a particular observation, please cite the source 

Assessment

Since these predictions will be spurred by the shift in political power triggered by next year’s presidential election in the short-term – and the aging populations and its economic demographics in the long-term – your thoughts are appreciated?

Conclusion

Your thoughts and comments on this ME-P are appreciated. Feel free to review our top-left column, and top-right sidebar materials, links, URLs and related websites, too. Then, subscribe to the ME-P. It is fast, free and secure.

Speaker: If you need a moderator or speaker for an upcoming event, Dr. David E. Marcinko; MBA – Publisher-in-Chief of the Medical Executive-Post – is available for seminar or speaking engagements. Contact: MarcinkoAdvisors@msn.com

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Interview with Dr. David E. Marcinko of iMBA Inc [Part 2]

THANKSGIVING DAY INTERVIEW [continued from December, 2007]

INTERVIEW: Dr. David Edward Marcinko; iMBA Founder and CEO: www.MedicalBusinessAdvisors.com, a private health economics and consulting firm with no debt, no investors and no plans to go public.

 TOPIC: Medical Unions, Collectivism and Related Competitive Thoughts Part II

 REPORTER: Hope Hetico; RN, MHA Consulting Professor for: www.CertifiedMedicalPlanner.com and Managing Editor of our companion print guide HealthCare Organizations [Financial Management Strategies].

LOCATION:  A local restaurant in Atlanta, Georgia, serving deep fried turkey, a Southern delicacy and tradition.

TRANSCRIPTION: Ann Miler, RN

 EPILOGUE: Last month, in Part I, we initiated a riveting discussion on the impact of medical unions, collectivism and related competitive thoughts on the healthcare industrial complex, with Dr. David Edward Marcinko, Founder and CEO of iMBA, Inc. The topic inquiry was suggested by a reader. We now conclude that controversial interview.

Ms. Hetico: As we press on; what about public sympathy for medical unions? 

Dr. Marcinko: Almost a decade ago in 1998, Fortune magazine carried the headline “When Six Figured Incomes Aren’t Enough. Now Doctors Want a Union.”  Rightly or wrongly, the public has no sympathy for affluent doctors. Public support, as seen in a UPS strike about the same time, is not in favor of organizing physicians. To the man in the street, it’s just a matter of the rich getting richer. After all – MDs were not crying under the traditional fee-for-service system; it was just when managed care adversely impacted incomes that the imbroglio began. The doctors, on the other hand, want to unionize to get MCOs to return to them the power to practice medicine as they see fit, not money.  

Ms. Hetico: But, isn’t perception – often reality? 

Dr. Marcinko: Indeed, perception is often the reality in many cases. Moreover, the AMA discouraged unions and past president Tom Reardon, MD opined that unions can’t do any more for physicians than their county or state medical associations can. 

Ms. Hetico: OK. Medicine is different as a “leaned profession”; but what about the medical unions that did organize? 

Dr. Marcinko: As of a few years ago, these unions were still in existence although not flourishing and my statistics may be a bit old: 

·  National Doctors Alliance [affiliated with the Salaried Employees International Union (SEIU)] an umbrella group for: 

·  Committee of Interns and Residents

Membership: > 11,000 Growth: 1,000 Dues: 1.375% – 1.5000% of salary  

·  Doctors Council

Membership: > 3,500 Growth: 1,000 Dues: $ 720 / year 

·  United Salaried Physicians and Dentists

Membership: 1,200 Growth: 300 Dues: .85% salary with $ 650 annual ceiling 

·  Federation of Physicians and Dentists

Membership: 8,500 Growth: 250 Dues: $ 672 / year 

·  Physicians for Responsible Negotiations (MD/DO only)

Membership: N/A Growth: N/A Dues: $ 300-$720 / year

·  Union of American Physicians and Dentists

Membership: 6,000  Growth: 15-17% annually  Dues: $ 465 initial fee, plus $ 400/year, plus $ 100 annual IPA surcharge.

Ms. Hetico: What were some of the psychological barriers to the formation of medical unions for doctors and medical professionals?

Dr. Marcinko: I recall William F. Shea, President of the Shea Companies, who wrote in Managed Healthcare News that there are numerous psychological barriers against the formation of physicians union.

These include (1) the public perception of medical professionals as a “cut above” ordinary workers, (2) doctor’s attempts to wrap collective bargaining within the mantle patients rights will lack credibility, and (3) the highly educated physician’s ability to re-engineer and seek alternate employment opportunities rather than accept the salary scale or lack of autonomy present in restricted HMOs.

In other words, MD resignation through individual re-deployment might be the most effective “strike,” if called by one practitioner at a time.

Ms. Hetico: So, what can be done for physicians – if anything – about their medical union education and re-education? 

Dr. Marcinko: “We are living in a world where what you earn is a function of what you learn”, former President Bill Clinton was fond of saying. This statement has become one of the truisms of the information age and by extension, hopefully the medical establishment. Correspondingly, it might be added that “it’s not so much what you learned in medical school yesterday, but what you will continued to learn today and tomorrow, that really counts.” 

For example, in the golden age of medicine (about 1965-1985), the wage premium enjoyed by physicians, over college graduates and other laborers (union and non-union), increased by about 35-55 percent. But a new type of medical professional, the paraprofessional [LPN, nurse practitioner, CNA, PA, nurse-midwife, healthcare technician or electronic expert (i.e., Google search engine, etc.] arrived on the healthcare scene.

Using powerful computer software, massive medical databases and sophisticated treatment algorithms, these networks possessed the potential to reduce the huge economic edge of traditional educated and professionally degreed physicians, over less educated caregivers. These decision support systems (DSS) and evidence based medicine [EBM) parameters are already dramatically decreasing the amount of formal education and mental skills needed to perform many medical tasks. Combined with other medical educational software, makers of online and interactive computer based internet testing (CBIT) material could significantly increase the pool of nonprofessionals qualified to compete for healthcare jobs (www.HealthDictionarySeries.com)

In the process, wage premiums would shrink not only for practitioners, but for tenured teaching physicians with years of accumulated experience, as well.

Ms. Hetico: Do say! What a diatribe? 

Dr. Marcinko: Here is the bottom line: the days of wanting “experienced grey hair” in medicine may soon be over. Patients may chant instead, give me the young “spike-haired” technologist doctor. Of course, no decision support system can replace judgment, experience and wisdom, but they can reduce the considerable monetary premium many doctors earn by knowing medical facts and processes that – while simple – might often be difficult or time consuming for students, residents or interns to find out about and learn.

It all goes back to the 80/20 rule, again. Because we are a nation that champions the weak – with a collective ennui that favors the underdog – the healthcare systems tends to deal much better with the vital 20% few, than the trivial 80% many. We love John Wayne, Rocky Balboa, organ transplants, and other medical heroics, etc. 

Ms. Hetico: But, you seem to be saying that doctors aren’t special, anymore? 

Dr. Marcinko: No, docs are very special. But, “among professional people, such as accountants, attorneys and especially physicians, there is a misconception that whatever they do is so uniquely creative and important that it can’t possibly be reproduced or put into a computer, where it can be easily and cheaply accessed by mere mortals.” When, in fact, it increasingly can.  

Obviously, this is bad news for doctors and medical students who spent a lot of money, time and energy to acquire medical degrees with the expectation of high salaries.  

Ms. Hetico: Is there a parallel somewhere in another industry that we can learn form?

Dr. Marcinko: Of course; just look at the off-shore hiring experience and visa problem of the IT pros [information technology]. Like us, they just can’t get used to the idea that they aren’t replaceable in the workplace anymore? 

Ms. Hetico: Please elaborate? 

Dr. Marcinko: We doctors got used to being overpaid when Medicare began because we had the government and private payers over a knowledge-based barrel. Now, rather than face the reality that our economic glory days are behind us – it is a new era – and be satisfied with a reasonable wage base; we tend to delude ourselves into thinking that we are getting ripped off. 

Ms. Hetico: So, doctors aren’t used to mere mortal status after so many years of being pampered? 

Dr. Marcinko: Yes! And, as Frank Levy, PhD of the Massachusetts Institute of Technology noted, the educational premium has not only remained flat in recent years, it has actually shrunk among medical professionals. In 1995-96, for the first time in a generation, blue collared technical, not labor, employment and real wages have begun to rise without a reason to believe that the gap between labor and technical skills won’t expand indefinitely. DITTO with medicine, I think. 

Ms. Hetico: In other words, wages like trees, don’t grow into the sky forever? 

Dr. Marcinko: Exactly, throughout most of the 19th century, quasi (blue collared) professionals, such as engineers, teachers, carpenters, and mechanics enjoyed a pay advantage over laborers, even as the relative wages of many other traditional (white collared) professionals began to substantially decline … so     

Ms. Hetico: How does the retail 2 wholesale payment shift impact unions?

Dr. Marcinko: Although the term paradigm shift was seldom used buzzword in contemporary medicine, it is a popular term in corporate America, which is entirely comfortable with the profound changes which constantly occur in its competitive climate.  The term merely denotes a fundamental change in the way business was done from a previous methodology.  Such core changes prompt hiring and firings, deployments and re-employments, education and re-education, on an almost daily basis. It’s just that to U.S. physicians – toppling from intellectual and economic grace is particularly hard to swallow after so many decades – and from such a seemingly arrogant and self important breed of worker.  

Nevertheless, according to Harvard economist Claudia Goldin PhD – “the lesson of the past is that we have to remain sanguine about income inequality.”  The current competitive crisis is not intrinsic to medicine and will surely pass, ingratiating those courageous and risk tolerant enough to change, while steam rolling over those who are too weak or risk adverse accommodate to new ideas. 

Of course, just how sanguine and optimistic you should be depends on how you practiced medicine today, or how you hope to practice in 2010 and beyond. History does seem to suggest however, that it is clearly possible for the wage premiums enjoyed by today’s cognitive “physician elite” to shrink, and that labor unions to the contrary, will have no impact one way or the other, on physician economic survival in the future. 

Ms. Hetico:  What then is the vision of medicine, if collectivism and unionization is not in the future of the profession?  

Dr. Marcinko: Many business experts believe the answer lies in consolidation into larger groups, Independent Practice Associations (IPAs) or major provider networks. Others believe in the new corporate medical business models known as 6th generation professional practice management corporations (PPMCs), despite the economic debacles on Wall Street, circa 2000 – or – perhaps even electronically connected medical and patient networks; with each serving as a collaborative compilation of all stakeholders through an open technology platform.  

Ms. Hetico: Any concrete examples or just theoretical at this point? 

Dr. Marcinko: One www.Sermo.com represented by founder and CEO Daniel Palestrant is for licensed physicians. The other, www.OrganizedWisdom.com represented by Co-Founder and President Unity Stoakes, is for patients. Both are getting at something that was never really made accessible before; information. Its goal is collecting, rating, codifying, ranking and making available the informal but very important experiences, wisdoms and discoveries of doctors and patients; again really interesting stuff. 

Ms. Hetico: You led a small regional PPMC in the late 90’s correct?  

Dr. Marcinko: Yes I did, and it was very hard, but we consolidated about a 95 single specialty practices before the implosion on Wall Street. But, our business model was based on debt, not equity. So, no one ever cashed out rich, or lost their money or livelihood, either. 

Ms. Hetico: How were you e-connected way back then? 

Dr. Marcinko: ISDNs; ugh! 

Ms. Hetico: Wasn’t it a private union of sorts? How did it work? 

Dr. Marcinko: Not really. Our PPMC was a corporate entity that provided administrative and management services to medical practices such as financial, marketing, human resources, contract negotiations, and information technology solutions. The goal was to achieve the economies of scale and profits not otherwise attainable by solo or the independent small group practice. 

The concept itself involved a vertically integrated network of practices, physical therapy centers, ambulatory surgery centers, prosthetic centers, wound care centers, clinical trials and outcomes centers, nursing and medical specialists; joint ventured together as a single corporate entity to provide comprehensive patient needs. Information from each location was to be electronically shared, integrated and compiled into a repository, allowing each diagnosis and treatment service to be tracked within the entire continuum of care. The practitioner was thus freed from the management, financial, purchasing, business and administrative burdens of daily medical practice. He or she was freed to practice the art of medicine and surgery. 

Ms. Hetico: That didn’t work out so well, then. What can be done today?

Dr. Marcinko: In our case, we were a little late to the Wall Street party, and a little early for the technology explosion. The roll-up model IPO attempt was aborted due to adverse market conditions, in 1999, and most folks only lost start-up organizational money.

Ms. Hetico: Did you survive the debacle?

Dr. Marcinko: My ego tanked; however I‘ve recovered. I am now a writer, speaker, financial and medical management consultant and journalist; among other things. I also like to think of myself as a health-economics thought-leader. Although, I do keep my license as a back-up.

Ms. Hetico: What is a health-economics thought-leader?

Dr. Marcinko: It’s someone who opines to the point where others are interested in listening to, or laughing at him; a visionary.

Ms. Hetico: You mean a know-it-all. Be careful, I remember you back in your clinical practice days.

Dr. Marcinko: Believe me, I am being very careful.

Ms. Hetico: So, what are physicians – and nurses – to do today? I was originally a nurse by training, and you originally a doctor. This discussion relates to me, too! We have both re-engineered and re-trained.

Dr. Marcinko: Today, if you are not a managerially astute practitioner, at least consider re-joining national medical organizations such as the ADA, AOA or AMA, which has been seriously under represented the last few years.  The AMA now has about 190,000 members and represents about 22 percent of America’s doctors (the closet thing we have to a medical union).

Ms. Hetico: What a boring idea from such an innovative guy like yourself?

Dr. Marcinko: You are right; boring. On the other hand, is joining such organizations another form of “thinking inside the box?”  You decide, but consider what have they done for you, lately? Even the AMA admitted that it has not be market responsive to its members for more than a decade, but finally made membership a top priority in 2002 going forward.  Still, it hasn’t done very well, and most folks think it won’t with all the infighting, ageism, etc. It does seem to do a nice job of political lobbying and cozying-up to the past generation of politicians, however. 

Ms. Hetico: Are you a member of the AMA? 

Dr. Marcinko: No. 

Ms. Hetico: Regardless of the future, in the ever-changing business model of medicine, unionization is not the structure of choice – is it?

Dr. Marcinko: No, I don’t think so. A more laissez-faire and highly competitive business model should be accepted.

Ms. Hetico: Yet, physicians have been slow to accept this philosophy. Much like a fad diet, new wonder drug or pop psychology guru, American doctors are trolling for a quick fix to the corporate crisis of managed care rather than adding innovation to their services through sweat equity.

Dr. Marcinko: Yep! More than most with a healthcare interest at stake, MDs/DOs have too often engaged in bashing others, railing about falling incomes, whining and assuming a posture of resistance in order to wear down perceived opponents.  Joining a labor union is just too easy, and, like most worthwhile things in life, true value is only realized only through hard work, re-engineering and risk taking, not signing a union membership application with no strategic competitive advantage or operational synergy. 

Ms. Hetico: What do you think about the new P4P initiatives; not very collective are they?

Dr. Marcinko: First off, I do like the idea of individuality. But yes, they are not very socialistic. And, my great fear is that they will become an excuse for doctors to abandon the sickest or most challenging patients; despite risk-adjustments, etc. Thus, the altruistic basis for the entire profession may be jeopardized. IOW: I fear a direct relationship between P4P and increased medical commercialization. I call it the medical merchant syndrome because that’s what some docs will become; “Merchants of Medicine.” 

Ms. Hetico: So, it sounds as though you favor social medicine or national healthcare.
Dr. Marcinko: No, what I am saying is that there must be a balance between medical collectivism for caregivers and the common good – and – capitalism with rewards for the innovative and competitive risk takers who are the deserved … or lucky few. 

Ms. Hetico: What is your answer to our domestic healthcare insurance conundrum and the uninsured crisis?

Dr. Marcinko: That’s way-off topic point, but we do have a healthcare safety-net in this country. The system is not always like Michael Moore portrayed in Sicko; but it’s just not always economically optimized either.

Ms. Hetico: Such an obtuse reply; just what does that mean? 

Dr. Marcinko:  Well, as an economist, just let me say that healthcare is not always delivered to the right patient, for the correct reason, at the most appropriate venue, by the right provider, or in the most efficacious route or cost effective manner.  Nevertheless, the demographics are against us making our task Sisyphus-like unless there is a paradigm-shift in medicine; rather than incremental adjustments.  

Ms. Hetico: So, just like the gods who had condemned Sisyphus to ceaselessly rolling a rock to the top of a mountain, where it would fall back again repeatedly of its own weight – we are doomed in healthcare?  

Dr. Marcinko: Not at all – prologue is not epilogue – but the analogy seems a good temporary one.  

Ms. Hetico: Who is your favorite philosopher?

Dr. Marcinko: Well, I am partial to several related healthcare ideas of Ann Rynd who postulated the existence of managed care and restrictive HMO-like entities more than half-century ago. Not only were many of her thoughts about it negative, some have come to fruition in one-way or another. 

Ms. Hetico: Her broad philosophy was one of objectivism, wasn’t it? 

Dr. Marcinko: That’s right; and objectivism encompasses positions on metaphysics epistemology, ethics, politics and aesthetics.  As a health economist, I interpret it aggregate the morality of rational self-interest and how society – or even an industry like healthcare – can stagnate when independent productive achievers (think doctors) begin to be socialized and even punished for accomplishments, even though society is more healthy and prosperous by allowing, encouraging and rewarding such self-reliance and individual achievement. 

Ms. Hetico: So, now you are an ethicist, too? 

Dr. Marcinko: Hardly, but independence and personal happiness flourish to the extent that we are free; and achievement rewarded to the extent that individual ownership of ideas and innovation is respected.

Ms. Hetico: Shall I add the moniker of “philosopher-ethicist” to your credentials?  

Dr. Marcinko: Not at all. Sorry, my Jesuit background from Loyola College, and the Woodstock Theological Seminary in DC, bleeds-through sometimes. Actually, my favorite medical ethicist is John LaPuma MD, in Chicago.

Ms. Hetico: Good pun – with the “bleeds-through.” 

Dr. Marcinko: It wasn’t intentional. 

Ms. Hetico: Any last thoughts on medical unionization? 

Dr. Marcinko: Remember, if you merely want a static job with promised security, pledged retirement benefits, limited goals and structured regulations; join a medical union [HMO, or privately accept any and all healthcare and/or governmental plans] and be mental laborer. 

However, if you desire more, such as the possibility of a dynamic medical career, the unlimited security of your brainpower, defined retirement contributions, infinite potential with risks and rules you can create along the way; don’t join the union, remain a real professional and be a physician. 

Ms. Hetico: Thank you Dr. Marcinko. It was the most unusual interview I have ever done. 

Dr. Marcinko: And, thank you too! It’s an important topic that has not been addressed much on the blogs!  

Ms. Hetico: I’m sure this discussion will change all that. I can see the avalanche of email opinions, text messages and blog reactions now; both for and against. 

Dr. Marcinko: I hope so, too!  BTW: Who do you interview next? 

Ms. Hetico: That information is confidential. 

Dr. Marcinko: OK then: What’s for dessert? Peach-cobbler, I hope. 

THE END

Interview with Dr. David E. Marcinko of iMBA Inc [Part 1]

A THANKSGIVING DAY INTERVIEW 

PROLOGUE:

 There are a million stories out-there in the healthcare administration space and blog-o-sphere. They encompass all stakeholders from medical students, to physicians and patients, and to payers, governments and related sponsoring companies. 

My name is Dave Marcinko and I’ve held several professional hats in my career. I’m a physician-executive, health economist, financial evangelist, publisher, editor and above all continually strive to be an innovator. As Founder of our companion premium print-subscription guide Healthcare Organizations [Financial Management Strategies], I am always on the lookout for the next innovative, state-of-the-art vision or new-wave idea to stoke my passion for healthcare financial management on both the micro [medical practices and clinics] and macro [hospitals and healthcare organizations) economic scales [www.HealthcareFinancials.com] 

So, there I was – ending my day at the office in the typical fashion – looking for new trends, topics and thought-leaders in the world of domestic medical economics and finance, when this woman sat down at my desk.

As usual, it was a journalist, but an educated one. She was not your typical journalist either; she knew her stuff. Her name was Hope. She is a nurse and professor of healthcare administration – an author like me – and former national quality improvement medical director for a public company. Sure, she had a lovely face and a quick smile. But, she was hardcore to the bone; and not in a good way. We scheduled our interview – a week later on Thanksgiving Day 2007 – to get my personal take of the medical union situation specifically, and industry dynamics in general. It was a Thanksgiving Day I still remember. The topic was suggested to her from a reader. It was an excellent one. 

THE INTERVIEW

Ms. Hetico: Good afternoon Dr. Marcinko.

Dr. Marcinko: Pleased to see you, Ms. Hetico. 

Ms. Hetico: First off, in the interest of full disclosure, we have met before, correct? 

Dr. Marcinko: Yes. I was just trying to remember how long ago it was when we first met; way back in a different life. If I recall correctly, you were a nurse-executive at a small specialty hospital where I held privileges in the early eighties, right? 

Ms. Hetico: And, I recall you as a surgical department and residency program chairman, and later as the general medical staff VP. Tell me, are you still a runner? 

Dr. Marcinko: Sure thing; middle-distance for almost than 30 years now. I loved running in Philadelphia as a student, especially along Boathouse Row. It was not unusual for me to run daily from the Ben Franklin Bridge, to City Line Avenue. But, I don’t run in the rain or snow anymore, and I’ve slowed down somewhat.

Ms. Hetico: And, according to your self-written epilogue, it seems as though we’ve both had diverse career experiences since then; protean almost. 

Dr. Marcinko: My motto is: movement is life – life is movement.  

Ms. Hetico: Now, you have written and lectured on medical unions and related concepts for almost a decade, and yet the situation has waxed and waned over time with no real follow-through. How did you first get started studying medical unions, and why? Is the concept even still viable today?   

Dr. Marcinko: Well, there are 1.1 million or more physicians in the United States; including the allopaths, osteopaths, podiatrists, etc. Let’s be sure to include the optometrists and dentists as medical providers too, for larger numbers.  The brutal supply-demand calculus of the matter was that there were too many doctors, of all stripes, in the short term. 

In fact, it has been projected that if the physician supply pipeline ceased today, it would take until the Year 2010 for demand to reach market parity. Semantics aside, this slight oversupply is more than just bad distribution since physicians do have a choice of practice venue. It’s just that many do not care to live in rural or remote cities, with inhospitable climates or a dearth of cultural activities. Hence, many doctors congregate in large cities or near hospitals, surgery centers or medical schools, for collegial, professional or other social reasons.  

Ms. Hetico: Well, your thoughts seem to fly against conventional wisdom that there are not enough doctors. I mean haven’t the nation‘s medical schools just accepted the largest class in history to make up for a perceived dearth of supply? More than half are female and minorities. So, if you are correct – and I am not sure you are – one might reasonably wonder how this oversupply happened.   

Dr. Marcinko: Simple. The mothers and fathers of a bygone generation told their sons to become doctors in order to make a good living and have a personally satisfying life. In the seventies, with the advent of feminism, our daughters did not have to marry doctors to achieve these same results. They became empowered to become physicians themselves.  So, for a time, there were too many doctors chasing too few patients. Ergo, the start of a supply side disequilibrium driving medical fees – with assistance from managed care entities that recognized the trend early on – down, down, down; much to the fiscal detriment of medical providers.

But, perhaps to the benefit of the patients they served. Incidentally, President Nixon tried to flood the nation’s medical schools in the seventies, in a like manner to stoke the supply side and drive down fees; but failed. Managed care, and the woman’s liberation movement, succeeded.  

Ms. Hetico. How so, and what a sexist and/or biased idea? 

Dr. Marcinko: Not at all! If you don’t believe me, just ask any patient who has never had prior access to any type of medical care or insurance about what he or she thinks about the initial supply-side driven HMO’s – and be humbled by their positive reply – approximately 45 million uninsured strong.  

Now, if you never had healthcare before, managed care was great. It was a boon to the primary care guys, FPs and internists who became gatekeepers, etc. Not so great if you were a specialty provider however, or remembered the fee-for-service days.  But, it offered affordable care to those most in need …. Something pretty hard to criticize in theory! 

I tell interns, residents and graduate students today that if you want to be a saint – value altruism and have a passion for health and caring for humanity – then by all means go into medicine; especially global healthcare.

But, if you want to be a capitalist, go elsewhere. Just don’t let you decision to opt for medical school to be a knee jerk one, based on past and very much dated perceptions by your parents. 

Ms. Hetico: Or, enter the career by default?.

Dr. Marcinko: Exactly. 

Ms. Hetico: Go where, since all my research indicates that healthcare has, and continues to be, one of the great growth engines of the economy as well as driver of jobs?

 Dr. Marcinko: I don’t know; but young folks should take a look at telecommunications, business, engineering, computer sciences and molecular biology. And, sure the healthcare space grows jobs, but not necessarily the kind of low-paid or entry level positions that the best and brightest of our young people crave. The growth is bottom-up. 

Ms. Hetico: Don’t you have any examples at all, or just vague generalizations and pabulum?

Dr. Marcinko:  Gosh, you are harsh! 

Ms. Hetico: That’s my job and what our readers expect. 

Dr. Marcinko: OK, just take a look at emerging health firms and even new industries in the channel, like 23andMe [the Google financed company founded by biotechnologist Linda Avey and healthcare business executive Anne Wojcicki who is married to Sergey Brin].  They hope to soon launch a service that can access a patient’s genome [genotype] for disease risk analysis, physical traits [phenotype] and ancestral origin; in short the entire personalized human genome. 

So, we do have an amalgam of opportunities in medicine here [as just one example] for bright youngsters; from finance, to accounting, to medicine, genetics, marketing, the Internet 2.0 and business administration, etc. A mash-up of them all – if you will.

Ms. Hetico: Please do continue as you seem to be on a roll; albeit perhaps a misguided one. 

Dr. Marcinko: I don’t think so. Look, today you either have to be an esoteric clinical specialist to command high fees – or accept no insurance or third party reimbursements with a private-pay retainer practice opting out of Medicare for at least 2 years – or possess something other than a warm body and medically degreed pulse to flourish in the current Darwinian cost constrained environment. 

Ms. Hetico: Any other clinical examples? 

Dr. Marcinko: Sure, concierge medicine, consumer directed healthcare plans, retail medical shops, physician and nurse-executives 2.0; etc.  And, for those really inclined to be physicians, I think a medical degree is just the entry point with further education and mandatory deep-knowledge differentiation. I mean, why work to impact one clinical life at a time, when you might conceivable be able to positively affect entire groups of patients, en masse. 

Ms. Hetico: Except if that one life is your own.

Dr. Marcinko: Agreed … But for this, you’ll need deep expertise and another synergistic graduate degree; maybe even an MBA, PhD, JD or CPA, etc. Just as graduate school is the new college; a dual-degree practitioner is the new physician-executive / leader, etc. 

Ms. Hetico: Very Interesting, but I meant are there any similar union examples from the secular world? 

Dr. Marcinko: Unfortunately, most of them. Just look at the automobile industry. My immigrant dad was in the UAW for more than 50 years. He worked other jobs and was able to pay for my private medical school education along with private college and graduate school for my brother and sister, who is a trauma nurse stationed in Iraq. She retried as an operating room administrator and joined the army at age 45, after a fit of post 9/11/01 patriotism. The point is that medical unions, like the UAW, will not change the supply/demand equation. People don’t buy American cars just because they are union made-in-the-USA, or numerically abundant.

But, a dearth of medical school admission seats, or lack of interest in medicine as a profession by the best and brightest may induce a “brain drain”, which I think will ultimately lead to inferior RD first, but not necessarily worse care for patients, at least in the interim or short-term. I mean, do I have to reiterate the Institute of Medicine’s recent dismal quality proclamations, or the VA debacle at this so-called federalized union? All this is well known in healthcare. None is surprising. 

 Ms. Hetico: So, if your posited supply-side brain-drain won’t hurt patients, then the problem in healthcare today is on the demand-side? So, let blame the doctors, right? 

Dr. Marcinko: Well, consider Paretto’s Principle or the 80/20 law. In the short and medium terms, patient care won’t be materially impacted since most physicians do a good job,  and most patients don’t need heroic care. Yet, when they do, we spend 80% of our healthcare expenditure in the last year of life.  This was the promise of managed care, but we have bastardized the concept of managing the expensive 20% of care to that of restricting the remaining 80% of care. A few of us may need genetically engineered medicine to be sure, but the vast majority needs basic medical care to keep from becoming the vital few who require more intensive costly care.  

In the much longer term, RD will be affected although I am not sure how negatively. I mean, perhaps researchers will begin to use sparse resources more selectively and the rush to bring new drugs to market by big-pharma will slow down to true advancements; rather than incremental money-driven molecular moieties. 

IOW: Fewer but better drugs, evidence-based-medicine, coordinated care, etc; the basics. Ultimately however, it will affect care as the demand side takes over … as it will or already has. There are just too many patients in the baby-boomer funnel to pay for every heroic treatment under the sun; for them all. The demographics are just too insurmountable … Sans, a real generational delivery, or supply-chain break-thru – which could happen!

Ms. Hetico: So, what happens to provider fees? 

 Dr. Marcinko:  In the current scenario physician fees will go down from payers; as patient demand increases; absolutely.  And, the feverish doctor induced-demand we are experiencing to compensate for those fee reductions will pale by comparison. The fee decreases will be geometric compared with the provider-induced arithmetic demand increases, which won’t support the existing economic infrastructure.  Although this is not so controversial today, you have to realize that when I first began pontificating about it all more than a decade ago; I became quite the pariah, I might add.  

Ms. Hetico: Perhaps you were not so PC then, as you are now?

Dr. Marcinko: Age has mellowed me. And, there is a saying to the effect that: “One is never a prophet in his own tribe.” So, I really don’t take criticism personally, anymore. 

Ms. Hetico: But, what about the patients – what will happen to them and to us as future patients?

Dr. Marcinko: It’s very likely that there will be cutbacks in Medicare and the affluent will have to pay more. Alan Greenspan recently said that we will have a dramatic increase in Medicare co-payments, approaching more than one-hundred percent at the higher levels.

Ms. Hetico: So, what is the problem today with medical unions? 

Dr. Marcinko: Let’s historically back up a bit first. Please put away your pitchfork. I am only the messenger.

Ms. Hetico; OK; sorry to push so hard – but you do seem to ask for it?   

Dr. Marcinko: You’re right; I am a bit of a thespian. My daughter even uses the term “actor”; others have called me a “ham.” Nevertheless, I remember how Bill Gates of the Microsoft Corporation in Redmond Washington, annihilated IBM two decades ago with little more than 2,000 non-unionized “Microsofties”, versus over 400,000 lifetime “IBMers”.  In another example, recall how more ATT employees – unionized through the Communication Workers of America (CWA) – imploded the industry. Clearly, Mr. Gate’s concept of “masses of asses” was correct. You need more than a medical degree; you need innovation and a sustainable competitive edge – from synergy within or without the existing infrastructure.  Or, create a new framework. Doesn’t Bill wonder why a medical degree is even needed to treat some folks – at all?

Ms. Hetico: Do you know Bill Gates well? 

Dr. Marcinko: No, not at all. But, when I contacted him to write the Celebrity Foreword to a book I was writing at the time (circa 2000), he referred me to his then Chief of Global Healthcare Management, Ahmad Hashem MD, Ph, who did a great job for us.  Now, we are in the third edition of The Business of Medical Practice [Profit Maximizing Skills for Savvy Doctors] (available at Amazon.com, our corporate website or the Springer Publishing Company, etc). So, I was, and remain a great fan of Gates and MSFT.

Ms. Hetico: Do you own any MSFT stock? 

Dr. Marcinko: Not nearly enough I’m afrid.  And my point is the he didn’t disdain me like the bureaucrats (read “unions”) at some of the other Fortune 500 companies I contacted for help. I was an individual, not a group …. Individuals lead, groups follow.

Ms. Hetico: What does all this have to do with medical unions?

Dr. Marcinko: The U.S. economy has shifted over the last two centuries from one grounded in agricultural, to industry, then manufacturing, and now to an information-based technological macroeconomic infrastructure. Americans no longer labor with their backs, and pure union physical muscle is a concept best resigned to the historic past, rather than the proactive future. If not, medical unions will become like the UAW or CWA. So, ask yourself if you really want to be treated by a unionized doctor?   Moreover, the noted economist David Birch, PhD champions the idea that that the economy hasn’t “added one industrial job in the United States in fifty years and we’ve created 70 million jobs over the past five decades, and not one in manufacturing. Furthermore, labor unions in the past thirty years have exerted a disproportionate influence on the civil rights movement, even has they have declined in number, often protecting the incompetent worker from dismissal even for just cause. Labor unions just seemed determined to get crushed in the next century’s economy. And, that’s a shame since that could have provided an important voice in the debate about health benefits, job safety, child care and technology training, etc.Just look at this 2008 presidential political season. Where are the unions? Even when marginally successful, unions provide a passionless, adventure-less and wholly demoralizing life, which adds little to the human condition and lacks the self esteem and self actualization potential promulgated by Abraham Maslow and others.

Ms. Hetico: Are you going off tangent, here?
 
Dr. Marcinko: I hope not; but I’ve done it before. Just ask my students.  In 1886, Samuel Gomphers, John L. Lewis and the founders of the American Federation of Labor issued the following statement: “The various trades have been affected . . . so that the skilled trades were sinking to the level of pauper labor.  To protect the skilled labor of America from being reduced to beggary . . . the trade unions of America have been established.”  More modern day icons such as George Meany and Walter Reuther all championed the sovereignty of the working man and strove to eliminate human rights abuses in the work force. The current leadership is lost.

Ms. Hetico: You are quite the historian? 

Dr. Marcinko: Thanks. No doubt some of these greats, if alive today, would be in disbelief about how highly educated physicians are clamoring to join labor unions. After all, there are few civil rights abuses occurring in medicine and few believe that physicians, dentists and podiatrists are the exploited [healthcare] workers they had in mind.

No doctor treating tuberculosis is in danger of developing black lung disease, no overworked dentist is practicing in an oral sweatshop, and no podiatrist is working as an indentured servant against his economic will. As for the potential to contract AIDs, hepatitis, MDR-TB or other blood or air-borne communicable diseases; OSHA is alive and well. 

Therefore, the human rights issues often exposed by physician unions only serves to trivialize the real abuses which still take place in the industrial and manufacturing sector at the turn of the last century. Just ask Nike of the last decade, The Gap or other retialers about worker-abuse? 

Ms. Hetico: Atlanta is not really a union town, is it? 

Dr. Marcinko: No, it’s not. But I’m from Baltimore – a decidedly democratic and blue collared one – but I am not being parochial at all. 

Ms. Hetico: So, what about health information technology and the new medical collectivism? 

Dr. Marcinko: Analysts of the digital age claim that technology will profoundly change our culture; and the healthcare industrial complex is no exception.

Some thought-leaders and pundits like Ester Dyson, opine that technology democratizes [medical] society, so that as physicians, we are all perfect substitutes for one another – with few physicians having an edge over the other. This paradox is both a cause for depressed fees, as well as a compliment to the high quality and standardized American medical education process. Other medical ethicists fear technology may further divide medical social classes into technology, business and financial information participants. 

Ms. Hetico: Any other relevant examples? 

Dr. Marcinko: Certainty, concepts such as telemedicine, robotic surgeons, bionics and molecular biology have transitioned from the laboratory down to practical and economical production levels. Biowares, in order to blend living cells with synthetic substances to form replacement materials and organs, can be algorithmically developed.  Animal and human cloning is also within the realm of probability, rather than possibility, as recent public cloning episodes demonstrate. From monkey stem cells – to bio-tech firm Medistem Corp’s endometrial regenerative cells and Dr. Shinya Yamanaka’s skin-to-stem cell work at Kyoto University with pluri-potent human cells – all may ultimately be performed by non-physicians.

Of course, there are those medical theologians that predict technology will hasten the demise of medicine as an intensely personal process. The truth probably rests in an amalgamation of these major points of views, but almost certainly not with the reformation of labor unions. The fact remains however, that technology pushes down the skill and educational requirement of many professions, including medicine. So, if there is such a thing as an elite new-collectivism in medicine – and technically there should be – it’s more like power to the people; not the medical establishment. Today’s healthcare is about personal brains, bites and bytes, and not necessarily widespread collective union brawn.

Ms. Hetico: Yet, many docs are still technophobes, today; right? 

Dr. Marcinko: Yes, it’s a shame, and that’s why I edited the just released Dictionary of Health Information Technology and Security (Amazon.com, our corporate website, or directly at: www.HealthDictionarySeries.com)

Ms. Hetico: Was that another shameless plug for your firm, its books, or your new dictionary series on health economics, finance, managed care and health insurance? 

Dr. Marcinko: Yes it was a plug; but it wasn’t’ shameless. We were able to make dictionary lexicology exciting for the health administration space by using a digital wiki-styled contribution platform, coupled with a quasi peer-review process. Pretty unique, I am told!  

Ms. Hetico: Actually, it does seem pretty cool. 

Dr. Marcinko: Yeah, I like working with folks much smarter than I. 

Ms. Hetico: Speaking about brilliance, I understand you are a fan of Michael Porter, PhD of Harvard University. So, what about medical competitiveness, and the union experience, in 2008? 

Dr. Marcinko: I am indeed a Porter fan, and wish he would write something for this blog or our subscription premium-quarterly guide [www.HealthCareFinancials.com]; as we do have an excellent section on healthcare competition by financial futurist Bob Cimasi of Health Capital Consultants LLC, out of St. Louis, MO, from which to draw.

Mike, if you read this please contact me privately (MarcinkoAdvisors.@msn.com). Let’s talk!

Seriously, though. I used to go up to Harvard Business School from Philadelphia when I was a medical student to hear him lecture. That was several decades ago, long before he was famous. Nevertheless, old monopolies are crumbling because of tougher new competitors. For example, our newspapers have to compete with the new internet 2.0; our electric utility companies battle low-cost local start-ups, and telephone companies must begin installing fiber optic and wireless lines to fend off cable companies. The rush to more intense competition cannot be stopped. You either keep pace or get crushed. So too, are quasi-monopolistic organizations such as the medical industrial complex. 

Ms. Hetico: How so? 

Dr. Marcinko: In organizations such as PPOs, CDHCPs and concierge medicine, patients exercise greater control over physician selection, have quicker access to specialists, and encounter fewer restrictions on their care. As these market forces grow and compete against highly structured – staff model – managed care companies; some industry analysts believe that membership in such HMOs will decline and negatively impact the medical union experience that was primarily an emotional reaction to these restrictive HMOs (and their corresponding fee depressions) more than a decade ago. Although inefficiencies in any business often opens up in the short term – and can be greatly exploited by creative and visionary entrepreneurs – sane market forces usually prevail in the long run. Furthermore, unions deter rather than augment competitiveness, according to most business and economic authorities.

Ms. Hetico: Can you explain any further, with an illustration? 

Dr. Marcinko: Competitive businesses and corporations are becoming more flexible in their healthcare care requirements, while unions keep trying to regulate the workplace with union contracts to control entire industries. Yet, in the new healthcare economy of MCOs and HMOs, doctors are headed toward more internal competition and less external control over patients.  It will be interesting to see how the new UAW control of its own VEBA healthcare plan works out.  

Meanwhile, some medical union advocates want to retreat to a more regulated age. Unions function best when they soften the harshest edge of capitalism, not try to change its nature. Healthcare providers of all sorts must choose between staying flexible to ride out tough times, or adopt a hard, brittle line that might crack under the pressure of competition. 

Ms. Hetico: What about flexibility and virtual reality in the current healthcare industry? 

Dr. Marcinko: We must remain fluid and market-responsive. In most large corporations and many top-down business models, unions are not market responsive entities and the ability for rapid change is not inherent in their structure. These traditional organizations represent a rigid or “used-to-be” mentality, not a flexible or “want-to-be” mindset.   The AMA learned this lesson the hard way. Virtual medical corporations often possess a market nimbleness that cannot be recreated in a union environment.

Going forward, it is not difficult to imagine the following new rules for the new virtual medical economic climate. 

Ms. Hetico: What are your new rules of healthcare market competition?

Dr. Marcinko: Well, they are not all mine of course, but here goes:

[A] Rule No. 1 Forget about large office suites, surgery centers, fancy equipment and the bricks and mortar that comprised traditional medical practices. One doctor with a great idea, good bedside manner or competitive advantage, can outfox a slew of non-physician MBAs, while still serving the public and making money. It’s a unit-of-one healthcare economy where “Me Inc.”, is the standard and physicians must maneuver for advantages that boost their standing and credibility among patients and payers. Examples include patient satisfaction surveys, outcomes research analysis and economic credentialing. However, you should realize the power of networking, vertical integration and the establishment of virtual medical practices – which come together to treat a patient – and then disband when a successful outcome achieved. Job security in this structure is achieved with continuing successful end results, not only a degree or union card. Medical futurists even presume the establishment of virtual medical schools and hospitals, where students and doctors learn and practice their art on cyber-entities that look and feel like real patients, but are generated electronically through the wonders of virtual reality units. 

[B] Rule No. 2 Challenge conventional wisdom, think outside the traditional box, recapture your dreams and ambitions, disregard conventional gurus and work harder than you have ever worked before. Remember the old saying, “if everyone is thinking alike, then nobody is thinking”. Do union members think rationally or react irrationally?  

[C] Rule No 3 Differentiate yourself among your peers. Do or learn something new and unknown by your competitors. Market your accomplishments and let the world know. Be a non-conformist. The conformity of labor unions is an operational standard and a straitjacket on creativity. Doctors should create and innovate, not blindly follow union leaders into oblivion. 

[D] Rule No 4 Realize that the present situation is not necessarily the future. Attempt to see the future and discern your place in it. Master the art of the quick change and fast but informed decision making. Do what you love, disregard what you don’t, and let the fates have their way with you. Then, decide for yourself if unions adhere to any of the above rules? 

Ms. Hetico: I see … but what about medical union or workplace strikes, walk-outs, protests, etc? Do they have a place in the scheme of things, and are they effective? 

Dr. Marcinko: Dismiss the potential of using a walkout or strike against patients as a weapon against MCOs, insurance companies or the Federal Government. Used at the onset of an organized union effort, we saw a few years back how they rendered the nescient unions impotent and ineffectual. And, to say it was a PR disaster is an understatement.

Ms. Hetico: Why was that? 

Dr. Marcinko: For more than 175 years the strike-weapon represented the ultimate power of the unions. But, for doctors there is un-willingness with medical labor unions to withhold care (strike). While self-noble in intent, it is just plain silly in business jargon – and affords little leverage in the negotiation process.  The inability to perform collective bargaining, because of federal and/or state anti-trusts issues, is similarly disadvantageous for unions. Just, look at the recent writer’s strike in Hollywood. If the likes of Dave Letterman and Jay Leno can’t write their own jokes; maybe they don’t deserve the monikers “comedian.” See what I mean? The same with our fellow docs! 

Ms. Hetico: Off-mark, again? 

Dr. Marcinko: Maybe, maybe not. Look at the Federation of Physicians and Dentists (FPD), an 8,000 member Tallahassee, Florida-based affiliate of the AFL-CIO, as few years ago. It represented fee-for-service physicians as a third party negotiator, but laws prohibited independent contractors from collective bargaining on their behalf.  In a similar example of federal strength, the National Labor Relations Board, in Philadelphia several years ago, rejected a labor union’s (Local # 56-United Food and Commercial Workers, Pennsauken, NJ) request to represent a group of 400 plus New Jersey physicians in negotiation with a Ameri-Health, a Mt. Laurel, New Jersey based HMO. Those physicians would have been the first private-practice independent practitioners to gain that right, which is limited to salaried doctors at large HMOs and public hospitals.

Yet, without such power, many experts felt that medical unions had virtually no negotiating leverage at all; and that demise was certain. 

THE END (to be continued in January, 2008)