Some doctors thrive in a personality-based clinic and have a loyal following no matter what services or equipment they offer, but for most chiropractic offices who are trying to grow and expand, new equipment purchases help us stay relevant and continue to service our client base in the best, most up-to-date manner possible. So, regarding equipment purchasing: should you lease, get a bank loan, or pay cash?
Interesting Quotes
Give 'em a Pill
"The physician would rather please the patient who expects an antibiotic than not use the drug."
-- Dr. William Hueston Primary investigator in a study comparing the use of antibiotics in fee-for-service vs. HMOs.
As quoted in Managed Healthcare, October 1997.
Long-Term Failure Rates
"Long-term failure rates after operations for back pain are as high as 30% for lumbar arthrodesis and 37% for discectomy."
Source: To reoperate or not? Spine Letter, Volume 4, Number 3.
Cut It Again Sam?
"The risk for subsequent reoperation on the lumbar spine after a lumbar disc operation seems higher than previously assumed. This should be taken into account when sharing information with the patient about the postoperative prognosis."
-- Seppo Seitsalo,MD, noted researcher quoted in The Back Letter, Volume 12, Number 8, 1997
Slowing Cost of Health Care
"Over the longer run, managed care could be far more potent - if it changes fundamental forces driving costs. Managed care can't delay the aging of the baby boom. But there are hints it may be slowing cost increases but raising uncomfortable questions."
Health-Cost Trims Hold Inflation Down. David Wessel, Wall Street Journal, June 30, 1997.