Word: retailing
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...while urgent-care centers and doctor's offices followed within a couple of points. Habitually overcrowded emergency rooms came in last at a distant 55.1%. When it came to fees, the results were even more dramatic. For the various kinds of services studied, the average visit to a retail clinic cost $110, versus $156 for urgent care and $166 for a family doc. As for ERs? A cool $570. While even $110 for a clinic visit seems pricey, that is only the average for the three procedures studied. Minute Clinic, the industry leader with 514 outlets, charges just...
Average cost per lab test in the Rand study also differed significantly depending on the provider: $15 at retail clinics, $27 at urgent-care facilities, $33 at doctors' offices and a whopping $113 at the ER. The study did not bear out the fear that retail clinics would be inclined to overprescribe drugs, and when the clinics did write a prescription, the out-of-pocket cost was lower: $21 compared to a high...
...These findings provide more evidence that retail clinics are an innovative way of delivering health care," says Dr. Ateev Mehrotra, a professor at the University of Pittsburgh Medical School and the lead author of the study. "Retail clinics are more convenient for patients, less costly and provide care that is of equal quality...
...encouraged more visits by mildly ill people whose complaints would have vanished on their own. Give the clinics so many easy pitches to hit and you may artificially drive up their average. Still, with local and regional hospitals such as the Cleveland Clinic increasingly working in partnership with such retail operations, more and more of these in-store outlets are likely to open. Which means more and more of us will be putting health care on the weekly shopping lists, along with the milk and bread...
...slump in the stock market really a reflection of rot in the wider economy? Not necessarily. Unlike the NYSE or the Hong Kong Stock Exchange, where institutional investors react as much to fundamentals as to greed and fear, the Shanghai and Shenzhen exchanges are dominated by retail investors driven to frenzy by speculation and sentiment...