Laura Dyrda: 10 Ways Healthcare Reform Impacts Private Practice Physicians
Submitted By Anonymous, Created 07/22/2014 - 15:05
- Private physicians are losing patients- Insurance policy cancellations or their practice could no longer accept the patient's insurance plans
- The number of physicians in ACOs has grown- Hospitals and health systems are the leading sponsors of ACOs
- Physicians who participate in ACOs work longer days- But, they also say their income hasn't changed
- ACO physicians have more help- Nurse practitioners, physician assistants and foreign medical graduates are often available
- The individual mandate brought new patients- Unfortunately, they are often sicker and require more hands-on treatment
- Patients put off care, especially elective surgery- This can be caused by higher deductible health insurance plans
- Physician practices report reimbursement and collection challenges- 7% reporting the most prevalent effect of the ACA rollout is reimbursement decline and more denials
- Private physicians are more likely to own a single specialty practice- 17% say they own a solo practice
- ACO-participating physicians are more likely to have a favorable outlook in 2014 and encourage a younger person to do the same
- Physicians not involved in ACOs are more likely to say their practice is not at full capacity and that their income has decreased over the past year
Source: Becker's Spine Review
Source URL: http://www.beckersspine.com/orthopedic-spine-practices-impro...