Monday, November 17, 2008
Pay Cuts, Again!
I am not happy either!
I just read this on KevinMD. I thought the cuts were tabled for 18 months. Wrong?
Physician reimbursement. Medicare is soon scheduled to cut physician payments in excess of 20 percent and cash-strapped states are slashing Medicaid reimbursements. At a time when the costs of running a practice are increasing, this blow would cripple many practices. Linking physician pay to patient outcomes, so-called pay for performance, is one often-discussed approach to mitigate the payment cuts. This has been controversial as the reward in payment is not commensurate with the costs of implementing the systems to measure performance.
Oh Oh!