liveonearth (liveonearth) wrote,
liveonearth
liveonearth

Medicare to Pay Docs Significantly Less $$$ in 2012

On 11/1 the Centers for Medicare and Medicaid Services (CMS) announced that the Medicare reimbursement for physicians would be cut by 27.4% in 2012---instead of the 29.5% that was previously planned. Doctors that get by on federal payment for seeing older folks are SOL. Older folks are likely to be in a pickle too, as fewer docs will stick with them, given the hoop jumping required to get paid diddley in the first place. As a naturopath I won't qualify for medicare payment in the first place, so I have limited sympathy for those physicians who consider this cut to be akin to a death sentence. The medscape article suggests that nearly 13% of family physician practices may have to close due to the decrease in financial viability. There is another way for us to take care of our elders. We just haven't found it yet.
Tags: aging, geriatrics, government, healthcare, medicine, money, revolution
Subscribe

  • Random Thoughts About Old vs New Great Depression

    Back in the Old Great Depression young people moved back to their families. They could not afford rent, so they went where the roof over their…

  • QotD: Brits on tRump

    Copied from a friend (on fb). This is utterly brilliant. I wish I could take credit for writing it, but no. British wit to help get you through the…

  • QotD: Why Populists are Appealing

    ...Glib, facile solutions stand at the very heart of the populist appeal. Voters do not like to think that the world is complicared. They certainly…

  • Post a new comment

    Error

    Comments allowed for friends only

    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

  • 5 comments