Sanman
O.G.
- Joined
- Sep 2, 2000
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Maybe we can continue this conversation in another thread:
Conversation on social justice and the role of psychologists
How do you see MFA hurting psychology? I could see it reducing demand for psychologists and increasing demand for masters level providers, but I don't believe that necessarily hurts psychologists. All the psychologists doing independent practice in metro areas that I know are denying/referring upwards of 10+ people per week. I see MFA as a having at most a marginal cost for some psychologists in some areas, and for the vast majority a net-neutral effect. Aware of my practical ignorance here.
Do you know any metro area psychologists accepting Medicare? In major metros most don't because the economic don't work. In major metros it is often cash only. I will be brief because I brought this up in the U.S. healthcare thread:
In the last 5 years Medicare has done 3 things:
1. Increased audits of practices for fraud and installed private companies to help manage costs, aka poorly done utilization review based on billing
2. Increased overhead costs across the board by requiring EHR and reducing reimbursement for not doing extra paperwork in the form of quality measures. This hit medical practices first in 2019 and caused many physicians to close and take hospital jobs or employment. We get hit in 2021.
3. Cut mental health reimbursement 8% for 2021 to pay physicians more for E/M codes.
Additionally, medicare has a clause that if you take Medicare in one context (day job), you can't refuse it anywhere (side private practice).
Currently, many practitioners manage these problems by limiting or refusing medicare patients. Is that feasible under MFA? If not, it will kill a lot the PP work in psychology. Sure, there will be a minority of metro folks that are cash only, but anyone accepting insurance will take a hit and there will be more people opting to use their insurance benefits and not pay cash. How is that good for us?