Minor medical problems are racking up bills because they often involve doctors from specialties, like dermatology, which are among the highest skilled and compensated in the world of medicine.
According to an article from the NY Times, these specialists have been able to steady increase their revenues by offering new and more lucrative procedures. Minor procedures typically offer the best return on investment for the specialist, according to the article. A minor procedure can be performed a dozen times in the same amount of time as one larger surgery, such as a bypass operation. [Read more…]