Subscribe to Updates in Healthcare

RSS By Email

RSS By RSS

Add to Google Reader or Homepage

Subscribe in Bloglines


The Expertise Imperative and Compliance Technology
Access to a diverse array of specialized expert inputs drives superior decisions in every organizational context: within corporations, by investors and consultancies, and within nonprofits. When decision makers are confident of their decision inputs, they can respond more quickly and creatively to challenges and opportunities.Learn more about GLG's Compliance Framework


This page may include content provided by Council Members, your access to which is subject to the Terms of Use.
Find Out More

May 19, 2008

Medicare: heading toward a crisis

Analysis of: Loss of Doctors Leaves Patients Waiting | www.redorbit.com
This analysis is solely the work of the author. It has not been edited or endorsed by GLG.
Analysis By:
Brian Abbott, MD, Medical Director of HematologyBrian Abbott, MD
Medical Director of Hematology, Big Sky Oncology
Implications: The aging population, coupled with per capita decreases in Medicare spending, threatens the entire health care system. Here's why.

Analysis: Unlike the 20-40% number quoted in this article about Oregon, my practices proportion of Medicare patients is 55% in semi-rural Montana. As Medicare goes, so goes the rest of the system, and the outlook isn't good. With Medicare accounting for such a high proportion of rural medical practice payor mixes, the viability of our healthcare system is at stake. With more physicians creeping toward retirement age, and with their patient population doing likewise, it is only a matter of time before a mass exodus of physicians occurs. The heyday of medical practice has come and gone. Lean times are ahead, as Medicare barely provides breakeven revenue. Why work twice as hard to merely break even? I could work half-time, cut loose my Medicare patients, and make the same net income. This same economic decision-making, occuring on a national scale, is what could uproot our system.



Report a Concern

GLG News: What Experts Think Is Important





Analytics


Generated at 2008-12-02T01:45:17.000