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Technology Stocks : JDS Uniphase (JDSU)
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To: Wildstar who wrote (20700)6/27/2001 6:44:45 PM
From: Proud_Infidel  Read Replies (3) of 24042
 
**OT**

The medical profession also contributes to cost in one very significant way - it has its roots as an art, not a science, and a significant amount of medical intervention (sometimes very costly intervention) has absolutely no scientific basis to support it.

I have always believed this to be true also. But I found it surprising one day when the CEO of the hospital system where I work(he is and MD and MBA FWIW) made the statement that only approximately 35% of all patients who come to their physicians are properly diagnosed, proving that medicine is much more of an art than a science, yet few will admit this. He got that number from a JAMA study I believe, though am not certain.

Another OT: How is it that medical services are able to increase at a rate of 8-12% annually when the economy is growing (at a normalized rate for the previous 5 years) of about 2.5%?
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