Chicago Boyz’ New Contributor
[Guest post by DRJ]
Congratulations to the Chicago Boyz on their new contributor, Mike K. Be sure to read all his posts, including his most recent: The Trend to Cash Medical Practice.
H/T Dana.
— DRJ
[Guest post by DRJ]
Congratulations to the Chicago Boyz on their new contributor, Mike K. Be sure to read all his posts, including his most recent: The Trend to Cash Medical Practice.
H/T Dana.
— DRJ
Pronounced "Patter-EE-koh"
E-mail: Just use my moniker Patterico, followed by the @ symbol, followed by gmail.com
Disclaimer: Simpsons avatar may resemble a younger Patterico...
The statements made on this web site reflect the personal opinions of the author. They are not made in any official capacity, and do not represent the opinions of the author's employer.
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The trend to cash is very prevalent here.
My dentist wanted the money up front for wisdom teeth removal and then reimbursed me six months later for whatever my insurance finally paid.
The feds will have to make the trend to cash illegal if they want “level the playing field” and redistribute the care
Steve G (7d4c78) — 5/22/2010 @ 5:24 pmWow, that’s great news.
SPQR (26be8b) — 5/22/2010 @ 5:29 pmI have been checking in intermittently with the Chicago Boyz for a long time. Will try to do so even more frequently, now. The site always has a lot to say, and a lot to think about.
elissa (7a2c3c) — 5/22/2010 @ 5:36 pmCongratulations, Dr. Capt. Mike K.!
A Noted Intentionalist (9eb641) — 5/22/2010 @ 5:39 pmLast week the Texas Medical Association reported that Texas doctors are fleeing Medicare in droves:
DRJ (d43dcd) — 5/22/2010 @ 5:46 pmCongrats, Mike K!
Mike LaRoche (53c496) — 5/22/2010 @ 6:08 pmCongratulations, Mike K!
Re: Dr’s fleeing Medicare
AD - RtR/OS! (3c862f) — 5/22/2010 @ 7:28 pmWill we reach the point that to get treated on Medicare, we’ll have to go to the VA?
After all, government doctors will have to see Medicare patients.
What’s next, HHS buying up bankrupt hospitals?
Proof, if it was ever needed, to be careful what you wish for. Best Regards, Vaya Con Dios!
ropelight (9d307a) — 5/23/2010 @ 5:51 amA physician cannot make a living on a high percentage Medicare patient population. However, many primary care docs are finding that Medicare age people are willing to pay for good care. Practice consultants for internal medicine specialists say 11% is the optimal proportion. Any more than that and the entire segment of the practice loses money.
To go to a cash practice, you have to drop out of Medicare completely since it is illegal to charge a Medicare patient anything extra for care. Many of the articles about this get that part wrong.
This is working toward a market solution. The poor will have to depend on clinics. Kaiser will, the last time I heard, keep Medicare patients IF they were Kaiser members before age 65.
Those who can afford it, and the prices are lower than most plumbers, will be able to pay cash for primary care and then use Medicare for hospitalization. Hospitals are hiring doctors, called “hospitalists”, to care for patients in the hospital since Medicare, and many insurance companies, no longer pay enough to justify spending the time for the office physician.
This is evolving, in one way, toward the National Health SErvice, where the GP never goes to the hospital and the specialist is paid by the hospital. Thus, when you are hospitalized, you acquire a new set of doctors. It is not ideal but this is what is happening.
The administration is so hostile to free markets that I expect them to try to force all physicians to care for Medicare and Medicaid at the government price. It may end up at the Supreme Court. Too bad the AMA sold out years ago. They could do some good. A new organization will handle the suit and the AMA will fade away.
Mike K (82f374) — 5/23/2010 @ 7:01 amAdd my congrats!
The ‘sphere is improved by those with knowledge and expertise.
Karl (db6904) — 5/23/2010 @ 9:45 am