The need to enhance the deeply flawed Medicare physician payment system into one that will not only sustain but strengthen physician practices could not be more critical.
There Is A Big Impact On Health Quality Care Because Of Medicare Physician Payment Issue
According to the reports, the need to change and enhance the Medicare Physician Payment system is a must because this will support physician practices and could enhance health care assistance.
According to the opinion of Bruce A. Scott, who worked as a private physician practitioner in Louisville, KY. He said that they are struggling financially to provide because their Medicare Refund remained immobile for the past 2 years. The Medicare physician pay has collapsed by 26% in 2001 up until 2023. He said that the practices cost too much and rose over a period of time. He said that everyone is feeling the increase.
They are seeking higher pay in order to cope with the higher cost of their practices. The labor market also changed which impacts their practices, some of those dedicated staff have left health care to seek more high-paying jobs in order to support their families.
Health Quality Care Jeopardize With The Medicare Physician Payment Issue
Private payers are also aware of the Medicare refund and have their contracts tied with Medicare. They are still waiting for the Medicare Refund schedule for the physician payment. They are waiting for several months now but they still have no idea when and what is the offer for them. He said, financially they are not sure if they can still survive, if they can still provide positive and great healthcare assistance. Medicare payment should help financially both patients and physicians. This will protect the high-quality care which is needed the most.