Blog and News

An insightful commentary on physicianspractice.com (written by Lucien Roberts) explains exactly what will happen to physician pay in 2012 when the scheduled 29.5% cut to the Medicare's reimbursement takes place. The math is startling.

Assume that in 2011 a physician made $1,000,000 on a gross basis. After subtracting expenses of $600,000 the doctors net income would have been $400,000. Now look at what happens when the 29.5% cut is implemented in 2012. The doctor would make a gross income of $705,000. If he is lucky, the doctor's expenses would remain $600,000 which means the net income ($705,000 less $600,000) totals $105,000 or a 73.8% reduction in his income.

When our profession is under attack - as it surely is - it will be our patients who ultimately bear the consequences of poor public policy.This is why Docs4PatientCare is working so hard to represent physicians and our patients.