“Crossing of the Red Sea,” by Nicholas Poussin.
A Medscape survey shows that “almost 4 in 10 physicians in solo and small group practices predict a mass exodus from Medicare within their ranks on account of the program’s new payment plan and its punishing penalties.”
“Fifty-nine percent of physicians in practices with fewer than 25 clinicians also said they expect to receive a performance penalty as high as 4% under proposed regulations that implement the Medicare Access and CHIP Reauthorization Act (MACRA) of 2015. Only 9% of physicians in under-25 groups expect a bonus, with another 12% counting on no change in compensation.”
“Roughly one third of physicians in small practices said merger into larger groups promises to be the most likely fallout from MACRA.”
It remains to be seen, of course, how much hyperbole there is in all this stemming from physician frustration at red tape and fear of falling incomes.
For the full Medscape article on this, please hit this link.