Tuesday, March 5, 2013

Doctors Fear For Medicine's Future

In an article by FrontPage Magazine, results from a survey state that many doctors fear for the future of medicine.

The survey went as follows:
  • 36,000 physicians completed the survey
  • 90 percent said that the medical system is "on the wrong track"
  • 83 percent say they are "thinking about quitting"
  • 61 percent said the system "challenges their ethics"
  • 70 percent say "reducing government would be the single best fix"
Some key views from those surveyed were:
  • 2/3 said the EMR (electronic medical records) compromise medical privacy and confidentiality
  • One physician opted out of Medicare and Medicaid over 12 years ago and they stated they have never been busier.
  • 2/3 said they are just barely squeaking by or losing money and expect the financial situation to worsen in the next 5 years.
  • Increasing regulations have a direct impact om cost of care increasing.

To view the full article, please click the following link: Doctors Fear For Medicine's Future

For additional billing, coding, and reimbursement resources, please click here: Medical Reimbursement Resources Page

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