
Pulling back the curtain to discover hidden (or not-so-hidden) influences on health care
Key Takeaways
- Orthopedic surgeon Erica Rowe Urquhart uses the “invisible hand” metaphor to describe payer- and market-mediated incentives affecting care decisions and practice sustainability.
- Melissa Lucarelli emphasizes Urquhart’s ability to make complex reimbursement and insurance economics accessible to both physician and patient audiences.
A surgeon in longtime independent practice shares lessons from dealing with the micro- and macroeconomic forces over medicine.
A 20-year orthopedic surgeon who mastered the science and art of
Urquhart sat down with Melissa Lucarelli, M.D., FAAFP, a family physician, owner of Randolph Community Clinic in Wisconsin and longtime editorial adviser for Medical Economics, for a wide-ranging discussion for
In the interview, Urquhart explains why she borrowed the "invisible hand" metaphor from economist Adam Smith to describe the market forces she believes are working against both physicians and patients.
“Dr. Urquhart has the rare ability to explain complicated financial topics clearly,” Lucarelli said. “While ‘pulling back the curtain’ on the American health care system and how it is paid for, she explains to both physician and patient audiences how the ‘invisible hand’ of for-profit insurance companies influences the delivery of medical care.”
Urquhart experienced the invisible hand first-hand when practicing medicine with her husband. She also spoke about her own journey as doctor, student and patient.
There is more to come.
“As a subscriber to her podcast and after reading of her book, I was excited to have the opportunity to interview Dr. Urquhart and ask follow-up questions listeners don't usually get to ask, including, ‘When is the next season of the podcast being released?’” Lucarelli said.
To find out, tune in to
In case you missed it, earlier this year Lucarelli spoke with





