Monday, September 17, 2007

The Cost of Medical Information....Priceless









Cost of 5 new textbooks............................................ $750
Cost of First Year Subscription to Up to Date....... $495

Having all of your Medical Information Stored on a Medical Wiki for Free.....PRICELESS


Medical textbooks and subscription based medical websites, such as Up To Date consume an enormous amount of dollars from physicians, nurses and medical students yearly. I recently purchased several textbooks with a average purchase price of $155 per text book and it is not unusual to find some medical textbooks to be priced in the $200- 300 range. Since my medical training started I have noticed a creep in the cost of textbooks which are likely due to more graphics, color photos, and bundling of books with a CD-ROM, but should we expect medical students, nurses, and residents to continue to pay these prices on little to no salary?

For the residents and students who have a library who will pay the cost of a site license for subscription based site, such as Up to Date, they are a great source of information. For users who work in smaller hospitals or clinics the price of $495 for an individual subscription to these services can be prohibitive.

A wiki, on the other hand with 500 GB of storage cost less than $100 a year. This amount of storage would equal 51 million pages in a medical text book. That is a lot of information and could be a potential huge savings for medical professionals.