A community of 30,000 US Transcriptionist serving Medical Transcription Industry
I, just on an off chance, was in a position to watch a bit of the Huckabee Show last night. Coincidentally he had four doctors on his show, from various areas of expertise and from various areas across the country. He had them on his show to ask them their ideas and observations concerning Obamacare and how it will affect their practices. All of them were "private practice" physicians, not associated with any large hospitals. All of them said that if Obamacare was passed, that they would all be giving up their private practices. The main two reasons would be:
with the onset of EMR, the billing codes have become much more stringent. One code for one office visit, one disease, one medication, etc is no longer acceptable. Each and every aspect of a patient's office visit needs to be coded seperately and correctly and accurately. with the onset of Obamacare, there will be "auditors" who have the obligation of going through private practice physician's billing records, checking all of the codes that have been used to bill the "government" for their pay, and if any discrepancies are found, a physician can be "fined" up to $11,000 for each code that was incorrect. The physicians do not feel that they can afford that type of potential scrutiny and fines, and therefore rather than being subject to the constant "audits" they would sell off their practices and become employed in another field. They feel the government is way too involved in patient care as it is, but this would be an intrusion (only put in place to gain more money for the government) that could bankrupt a physician in one audit. The physician stated that they would need a huge tremendous staff in order to meet the government requirements for billing codes alone and it would take too much time away from caring for the patient.
the second reason given was that if a physician accepted Medicaide patients, and with the cuts to Medicaide already in place, the payments they would receive from Medicaide for a patient's care would be about 40% of what they are charging. Due to that, the physicians would probably no longer accept Medicaide patients (which is due to increase by 130,000 patients), leaving these people without access to care. If no doctors are going to accept Medicaide patients, how are these people ever supposed to receive treatment??
this was a very interesting program last night. It opened my eyes to the true "value" of this Obamacare thing and its effects on physicians, as well as patients.
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