Looming Medicare Cuts Will Disproportionately Hurt Physicians In Small Practices

As we all know, the small practices are the one most at risk...this would be a huge blow to almost all and as we all know the potential outcome...less physicians taking Medicare patients...BD

Focusing on his experience as a physician in a small medical practice in rural Virginia, Jeffrey P. Harris, MD, FACP, president-elect of the American College of Physicians (ACP) testified before the House Small Business Committee Subcommittee on Regulations, Healthcare and Trade.
"As a community small business, we discovered first-hand the financial struggles that Medicare payments to physicians played on our practice," noted Dr. Harris. "These practices are medicine's small businesses, where much of their revenue is tied directly to Medicare's flawed reimbursement rates and formulas."

Looming Medicare Cuts Will Disproportionately Hurt Physicians In Small Practices