For Obamacare to succeed, American doctors need to earn less money.
Last week, Washington took a step in that direction. One of Medicare’s influential advisory boards recommended that payment rates to providers be sanded down.
At present issue are the rates paid to doctors working as part of hospital-owned clinics versus physicians working in their own, independent offices.
Right now, when a doctor works as part of hospital owned practice, and bills Medicare, she’s paid more money than what she’d receive for providing the same services in her own independent medical office. That’s because of an arbitrage between Medicare’s inpatient (Part A) and outpatient (Part B) billing schemes.
http://www.forbes.com/sites/scottgottlieb/2013/06/28/doctors-will-have-to-take-a-pay-cut-under-obamacare/
Last week, Washington took a step in that direction. One of Medicare’s influential advisory boards recommended that payment rates to providers be sanded down.
At present issue are the rates paid to doctors working as part of hospital-owned clinics versus physicians working in their own, independent offices.
Right now, when a doctor works as part of hospital owned practice, and bills Medicare, she’s paid more money than what she’d receive for providing the same services in her own independent medical office. That’s because of an arbitrage between Medicare’s inpatient (Part A) and outpatient (Part B) billing schemes.
http://www.forbes.com/sites/scottgottlieb/2013/06/28/doctors-will-have-to-take-a-pay-cut-under-obamacare/
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