Biting into Healthcare with Dr Miguel Stanley

Healthcare Vs Wealth Care?

May 06, 2021 Miguel Stanley, DDS
Biting into Healthcare with Dr Miguel Stanley
Healthcare Vs Wealth Care?
Chapters
Biting into Healthcare with Dr Miguel Stanley
Healthcare Vs Wealth Care?
May 06, 2021
Miguel Stanley, DDS

In the short episode Dr Stanley discusses some of the differences and challenges facing private practitioners in dentistry vs doctors that work in a hospital environment. 
 A few insights into what goes on behind the scenes and why potentially when you are paying for a dental treatment it's not just the treatment you're paying for but the entire set up of the practice. Much like in a restaurant, you're not paying just for your steak, but the service and everything that goes into getting that steak safely and deliciously to your table.  Unlike your GP that practices in a hospital that most probably they did not set up, do not manage and are not legally responsible for, dentists have to think of everything from the rent to the staff and the entire setup and the costs of all this need to be spread across-the-board into your treatments. So we should think about cost Vs value, private Vs public and so much more when analysing the healthcare market. Certainly an interesting topic. 

Show Notes

In the short episode Dr Stanley discusses some of the differences and challenges facing private practitioners in dentistry vs doctors that work in a hospital environment. 
 A few insights into what goes on behind the scenes and why potentially when you are paying for a dental treatment it's not just the treatment you're paying for but the entire set up of the practice. Much like in a restaurant, you're not paying just for your steak, but the service and everything that goes into getting that steak safely and deliciously to your table.  Unlike your GP that practices in a hospital that most probably they did not set up, do not manage and are not legally responsible for, dentists have to think of everything from the rent to the staff and the entire setup and the costs of all this need to be spread across-the-board into your treatments. So we should think about cost Vs value, private Vs public and so much more when analysing the healthcare market. Certainly an interesting topic.