Health care reform and cuts to Medicaid and Medicare have really hit — wait for it — doctors hard. Physicians are probably not the first people you think of struggling from cuts to social programs, but with a little imagination it’s not hard to see how their practices could be adversely affected.
The major issue is that Medicare and Medicaid have been paying out less in reimbursements to physicians. A large percentage of physicians say they lose money treating patients on Medicare or Medicaid, and 40 percent plan to “drop out of patient care in [the] next one to three years in response to reform.” It’s already caused many doctors to either restrict the number of Medicare/Medicaid patients they accept or sell their practices.
What does a less profitable medical profession mean for us here in Hopkinsville, I mean, Baltimore?