Doctors Go Shopping: Price Comparisons Lead MDs to Lower Testing Costs

April 16, 2013 9:45 AM

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It’s a basic tenet of smart shopping — compare prices so you can find the best deal. Doctors, however, are often in the dark about what medical tests cost.

In a commentary accompanying TIME’s recent report “Bitter Pill: Why Medical Bills Are Killing Us” detailing out-of-control health care costs, Cleveland Clinic CEO Dr. Toby Cosgrove described one of the sources of escalating costs — doctors who aren’t informed about how much tests and supplies and ot...

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