Wednesday, June 12, 2002

Doctors Dump Medicare

In a recent story in National Review Online, Robert Moffett details the flight of doctors from the Medicare program. Excessive, hopelessly complex regulations, excessive punative enforcement of complex billing codes, inadequate and delayed payments are the main reasons. Reimbursements have declined by 15% even as regulations have become more complicated and doctor's other expenses have rocketed higher. Doctors can no longer afford a loss leader.