Quote:
Originally Posted by jjshabado
Lol, then you don't know how to run a business.
I'm still curious what the actual numbers are related to this 27.4% cut. What does this actually do to your bottom line for these services? Does it make them unprofitable, does it make them marginally profitable but not worth doing, does it make them profitable but no where near as profitable as non-medicare patients, or does it make a crazy-profitable service into a less crazy-but-still-crazy-profitable service.
Medicare is about 30% of our practice. We do well with Medicare because we own our lab and have X-ray too. So everyone gets blood and X-ray
. We also have our own dispensary (pharmacy.)
Cuts would hurt. The issue with Medicare is the patients are sicker and it takes a lot time to see them. We are using EMR so it also takes forever to document. EMR is another story I will save for later.
The overall problem with healthcare in this country is that you get paid to treat sick people, not keep healthy people healthy. They are trying to go to performance criteria but that is also challenging.
I can go into EMR, insurance companies, pharmacy companies, pre-auths, stark laws (self-referral), crazy patients, and all the BS I live with.