- Joined
- Mar 30, 2009
- Messages
- 775
- Reaction score
- 1,395
The end game will be as follows:
1. Private practice RO (already at death's door) will shutter completely within the next couple of years. Hospitals in rural and semi-rural areas with disproportionately high percentage of Medicare and Medicaid patients will go under as well.
2. Private practices will likely be bought out by academic health systems/big hospital consortiums and all physicians will be employed. These institutions are still getting crap rates from Medicare and Medicaid patients but they are offset by (a) truly exorbitant rates paid by private insurers, (b) government programs that are used to manipulate costs [e.g. 403b], (c) wealthy cash patients who will pay out of pocket (e.g. protons for right sided breast cancer), and (d) wealthy mega-donors who want their name on something.
3. Eventually even the large hospitals will begin to suffer from the never ending cuts to Medicare and Medicaid. They will be getting less revenue in the face of inflation and increased costs. They can't stop taking these patients as that would be a death knell for them. Instead they will start paying physicians less and less and pass the blame to the government. There is nowhere else for physicians to go (doubly so for Rad Onc) and if you try to resist they will replace you with one of 50 new grads who would kill their firstborn for your spot.
Wait is this a description of the past 5 years or a description of the next five years? LOL sad...