10% of Physicians May Adopt Direct Pay Practices, Drop Medicare Coverage
Of the 14,000 physicians surveyed by Merritt Hawkins for The Physicians Foundation, 6.8 percent of physicians plan to stop taking insurance and instead opt for direct primary care.
Experts attribute the trend to uncertainty with Medicare payments and the problematic sustainable growth formula, according to the report.
About 20 percent of physicians are already restricting the number of Medicare patients they will accept.
More Articles on Coding, Billing and Collections:
A Deeper Look at ICD-10: 5 Tips for a Smooth Transition
AHIP: New York, Texas Have Highest Out-of-Network Medicare Bills
8 Ways to Combat Spine Surgery Claim Denials
© Copyright ASC COMMUNICATIONS 2016. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.