Want to take a guess at what the number one worry of Physicians is?
When a CPA makes a mistake it may result in the client being audited. When an engineer makes an error, it's usually something that can be corrected. But when a doctor makes a mistake, it can result in death for his patient. This is the greatest fear of every Physician. To make matters even worse, lawsuits against the medical profession are running rampant. Why is this so?
The general public believes that doctors live on easy street. While it's true that physicians usually make an above average living, it's also true that they have some significant worries that most of us don't have. Salaries for doctor's have declined significantly in the last ten years, and surveys have indicated that the number one concern facing this group of professionals today is what to do about frivolous and runaway lawsuits, along with high jury awards that can potentially wipe out their personal wealth. Now that's a concern that most of us don't have.
But does this worry affect patient care?