More than 40 percent of physicians participating in a single-question online poll said they feel the U.S. government “never will” understand how declining reimbursement rates from Medicare negatively affect the care patients receive from their physicians.
According to a news release issued today by SERMO, the nation’s largest physician-only online community:
(1) Physicians fear reimbursements will continue to decline in the coming years, reducing patient access to physicians;
(2) Physicians are concerned that they will not be able to continue treating Medicare patients due to financial losses they incur from the program’s low reimbursement rates;
(3) Many physicians indicate they want to pursue a similar cash-only policy as the Mayo Clinic of Arizona has adopted (Note: Mayo began the year by announcing it plans to drop Medicare as a third-party payer for primary care in 2010 after reporting losses of $840 million from Medicare in 2009); and
(4) Physicians fear that the federal and state governments will attempt to force participation in the program by tying state licensure to Medicare/Medicaid acceptance and, say that, if forced to participate in a money-losing venture, they would seek alternative employment.