Medicare Impact

[184013]

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Gents,

pre-pod here with a quick question.

How do you view the impact on medicare cutbacks and how they relate to podiatry business income?

I'm assuming a % of procedures are covered, and every area has a given % of people on medicare... I don't know the approx scope of this and whether it would be a heavy impact or not.

This is the link on the medicare 10% cutback that I understand to be in the works:

http://www.chicagotribune.com/business/chicago-medicare-cuts-jun30,0,4978731.story

Thanks,


(never posted an emoticon... I feel like it's PEANUT BUTTER JELLY TIME)

 

[Danmanwrx]

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[Feli]

I'm going to guess that the biggest impact won't be with the Medicare patients, but with the insurance paying patients because a lot of the insurance companies base their rates off what Medicare pays. It is definitely going to have a negative impact but I don't think a podiatrist will be living on the streets anytime soon.

👍

 

[184013]

danmanwrx, thanks for the reply - sounds good~