Tuesday, November 18, 2008

Half of <Insert Your Medical Profession Here> Would Leave <Insert Your Medical Profession Here>???

This article from CNN reports on a recent survey revealing that half of all primary care physicians surveyed would leave their profession if they had an alternative.  While this statistic may be shocking to those outside of the medical community it probably comes as much less a surprise to those within the community.  As we continue to witness the death spiral of declining third party reimbursement from insurers while all costs of practice are rising it has become increasingly difficult for medical providers to maintain a sustainable practice.

At what degree of Crisis will we recognize that the current model of third party payment is failing and that it has to be corrected soon or we will once again reap the punishment of failing to recognize impending failure of a national system?