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by nradov
1735 days ago
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Medicare reimbursement levels are sufficient to support most medical practices. They charge more because they can, not because they have to. If reimbursement levels are cut then they'll find ways to improve efficiency, and then cut salaries. Is there a reason that US doctors should get paid significantly more than their peers in other developed countries? https://www.medscape.com/slideshow/2019-international-compen... |
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Big Nope.
Most practices have fairly fixed costs:
Medical malpractice
Facilities rent, or mortgage
Front office
IT & EMR
Privileging/Credentialing
Practice
CME/required education
The only highly variable cost is physician compensation, and considering the limited availability, this will merely cause the retirements and limited access to specialists.
Perhaps you have some evidence to support your extraordinary claim?
I'll provide evidence to the contrary, based on Hospitals and practices refusing to accepting Medicaid [1] patients, or, not accepting/limiting medicare patients[2], [3], [4]
The simple fact is, there is a limited supply of physicians, and many of them don't want to practice the higher volume, 5 minutes per patient, 5 minutes for notes x 12 hours a day type of practice. Not only is the higher volume more dangerous for the patient, it is also more risky for the medical provider, both in terms of quality of life, and also, the risk of an error, or inadequate information exchange.
[1] https://www.reliasmedia.com/articles/147019-when-hospitals-r...
[2] https://www.investopedia.com/articles/personal-finance/10021...
[3] https://www.verywellhealth.com/doctors-accept-medicare-insur...
[4] https://www.hlc.org/news/more-physicians-no-longer-seeing-me...