Patients and their doctors deserve a stable, reliable, predictable Medicare physician...
If Congress doesn’t work with doctors to stabilize Medicare physician payments, the most vulnerable patients could lose care, writes Dr. Gary W. Floyd.Imagine if your health problem persisted for 20 years with no solution.
Can doctors leave the program? Yes. But most of us choose not to because we love caring for our Medicare patients. Physicians, however — just like any other business — have their breaking point. Facing high inflation, the “great resignation,” and ongoing pandemic pressures, this just might be it for doctors.
In the meantime, other health care providers that also care for Medicare patients — hospitals, nursing homes, and the like are once again slated for modest increases in 2023.Instead, for decades we’ve had to beg Congress to enact emergency patches to pull patients and their doctors from the brink. The result: Physicians caring for fragile patients are essentially losing practice revenue each year.
This endless situation is exasperating. Physicians might have to cut back because of it. When doctors faced the same rigmarole last year — a 10 percent Medicare cut on Jan. 1 — they told a Texas Medical Association survey they considered not accepting new Medicare patients, opting out of Medicare, or retiring.
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