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Doctors bail out on their practices
7/16/2013 ^ | 7/16/2013 | Parija Kavilanz

Posted on 07/20/2013 8:11:05 AM PDT by Signalman

Doctors who own private practices are looking for a way out. Fed up with their rising business expenses and shrinking payouts from insurers, many are selling their practices to hospitals.

It's happening nationwide and has picked up pace, said Tony Stajduhar, president at Jackson & Coker, a physician recruitment firm.

Experts say the number of physicians unloading their practices to hospitals is up 30% to 40% in the last five years. Doctors who sell typically become employees of the hospital, as do the people who work for them.

The reasons for the trend vary. Doctors are tired of the hassle of filing insurance claims and collecting payments from patients and want to only focus on medicine again, Stajduhar said.

Obamacare has also created more fear of the unknown. Doctors are worried that new regulations will add to their administrative work and require them to pour more money into their businesses, Stajduhar said.

Dr. Patrick Cobb, an oncologist in Montana, sold his 30-year group practice Frontier Cancer Center to a hospital in December. His practice was struggling for years even before health reform passed.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Health/Medicine
KEYWORDS: doctors; obamacare
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1 posted on 07/20/2013 8:11:05 AM PDT by Signalman
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To: Signalman
My primary doc did just that. He said the medical group he's now in wants him to concentrate on his cardiac patients, so the primary patients (me) need to find a new doctor.

But.....But....But.... I distinctly remember Hussein telling us that if we liked our doctor, we could stay with him. Well I liked my doc ....so I get to stay with him??? .....Riiight???

2 posted on 07/20/2013 8:16:24 AM PDT by YankeeReb
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To: Signalman
Doctors are tired of the hassle of filing insurance claims and collecting payments from patients

Our health care system is plagued by government and insurance companies. i think the time has come for a mass boycott of all healthcare.

3 posted on 07/20/2013 8:17:55 AM PDT by Tau Food (Never give a sword to a man who can't dance.)
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To: Signalman
What amazes me about this whole debacle is that there are still people who think that socialized ....... anything ..... is a viable option. They ignore the fact that not that long ago, the collapse of the Soviet Union was further proof that socialism destroys.

Yet, these entitlement monkees in DC want to impose that same self-defeating system on America's medical care.

4 posted on 07/20/2013 8:20:37 AM PDT by LouAvul (In a state of disbelief as to how liberals destroyed America in a mere 40 years.)
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To: Signalman

All by design, Comrade. The faster they crash and burn our healthcare system, the sooner they can implement their ‘Single Payer’ plan, or ‘Socialized Medicine’ as it’s commonly known.

0bammy SAID that was his end goal. He’s pushing it as hard and asw fast as he can!


5 posted on 07/20/2013 8:22:44 AM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: Signalman

My current doctor is near retirement age and I would expect him to retire early once Obamacare kicks in and I can hardly blame him. What will drive doctors to quit will be when government bureaucrats dictate the care they are to give or not give to patients.


6 posted on 07/20/2013 8:24:06 AM PDT by The Great RJ (construction)
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To: Signalman

The "Docter" will see you now.

7 posted on 07/20/2013 8:24:12 AM PDT by dfwgator
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To: Signalman

We pay our doctor cash for office visits. Its about half of what my Mom pays him through Medicare. If insurance was tailored to handle catastrophic stuff like hospital bills as it used to be heathcare would not be so expensive. People need to get weaned off of the $20 co-pay and the prescrition coverage and get back to basic coverage. Costs would drop dramatically if we did.


8 posted on 07/20/2013 8:26:52 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: Signalman

Thank OBayMe, Pelosi, Reid and the vermin Liberals in Congress for the next Holocaust. Remember them in 2014.


9 posted on 07/20/2013 8:27:14 AM PDT by ExTexasRedhead
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To: Tau Food

I have already made up my mind and will not sign up for ACA, but instead will pay the fine. I have been making cash payments to my GP for 5 years without difficulty. Because I pay fee for service my discount is generally 50%. I’m 50+ generally in good health! I payed cash for my colonoscopy in 2011 and got a 25% discount saving $900.00, put it on the Credit Card at 0% interest for 12 months and payed it off in 10 months. I would like catastrophic Insurance for the big things, Cancer, Heart Attack etc, but it’s nearly impossible to get at a reasonable rate and still be able to afford basic health care at my doctors office. By paying the fine I will get to keep the basic health care I need.


10 posted on 07/20/2013 8:30:58 AM PDT by qman (The communist usurper must go!)
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To: qman

Good job. I know it’s not easy.


11 posted on 07/20/2013 8:33:18 AM PDT by Tau Food (Never give a sword to a man who can't dance.)
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To: Tau Food
People think they are going to get the same care after Obamacare takes hold as they are now.....those Cat scans and MRI´s will go away...as well as surgery's....to expensive..we will be told it is better...but you will not have the quality of healthcare you could get before with your insurance....sure the freeloaders will get a better deal...and they will abuse it and use lawyers to destroy it for the rest of us....soon you will be traveling to a foreign country for that knee replacement...and paying cash
12 posted on 07/20/2013 8:48:13 AM PDT by Youngman542012
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To: Signalman
In the early spring, my Internist went into a rant regarding the constantly changing insurance and pharmaceutical regulations and paperwork. He said it was enough to make him consider early retirement.

So far, he has not retired.

I have heard some talkshow hosts remark about big changes in Medicare next year. But, they did not give any details. Usually, Medicare changes for the next year are not published until October of the current year. Initially, Medicare payments to doctors were going to be reduced, but apparently that changed and they will be increased a bit.

13 posted on 07/20/2013 8:49:21 AM PDT by TomGuy (.)
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To: dfwgator

In Obamaworld,

H&R Block Income Tax and Medical Services.

Fill out your tax form while you wait for our PA to review your medical case and assign you to a healthcare provider.

==

[/s]

Really? The way things seem to go, it may not be /s.


14 posted on 07/20/2013 8:52:54 AM PDT by TomGuy (.)
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To: Signalman
And more private practice doctors want to enjoy steady salaries and hours again as hospital employees.

At the cost of less freedom. Hussein will tell the hospitals what to do, and the hospitals will tell the doctors what to do.

15 posted on 07/20/2013 9:04:17 AM PDT by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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To: qman

“I would like catastrophic Insurance for the big things, Cancer, Heart Attack etc, but it’s nearly impossible to get at a reasonable rate”

Actually, catastrophic insurance under Obamacare is free, because you can sign up for full-coverage insurance as soon as you get really sick and need someone else to pay for your medical bills since you can’t be denied coverage because of pre-existing conditions!


16 posted on 07/20/2013 9:13:33 AM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: Tau Food

Private practice doctores write puff thousands each year in unpaid bills. Hospitals make you pay until it is paid in full


17 posted on 07/20/2013 9:41:36 AM PDT by Josa
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To: Signalman
Doctors bail out on their practices

Aaaaaa, yup! No one goes through 10 years of higher education and the debt that comes with it to become an underpaid technician jumping through hoops for some gooberment bureaucrat.

18 posted on 07/20/2013 9:48:07 AM PDT by TigersEye ("No man left behind" is more than an Army Ranger credo it's the character of America.)
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To: Signalman
All part of the Obammunists' plan...destroy the private practice of medicine, destroy the insurance industry, so we have to beg them for medical care. Inch closer to Communism.

Yeah, but who cares? There's a royal baby on the way and MLB is gearing back up after the All Star break, right? Bread and circuses, baby!

Scouts Out! Cavalry Ho!

19 posted on 07/20/2013 10:10:58 AM PDT by wku man (Amnesty? No Way, Jose (No Se Puede!) by 10 Pound Test http://www.youtube.com/watch?v=vsTUQ8yOI2c)
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To: Signalman

My cardiologist and the 7 other Dr.s in his practice bailed. Now belong to the hospital.
I was talking to the office mgr on my last visit. She said expect all Dr.s to do the same. Only way they can make any money now or future.


20 posted on 07/20/2013 10:22:45 AM PDT by Vinnie
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