The Conservative Cave

Current Events => Political Ammunition => Nationalized Health Care and Its Potential Horrors => Topic started by: TVDOC on January 23, 2012, 02:04:22 PM

Title: Doctors Going Broke
Post by: TVDOC on January 23, 2012, 02:04:22 PM

http://money.cnn.com/2012/01/05/smallbusiness/doctors_broke/index.htm?hpt=hp_t3&hpt=hp_c1

Quote

NEW YORK (CNNMoney) -- Doctors in America are harboring an embarrassing secret: Many of them are going broke.

This quiet reality, which is spreading nationwide, is claiming a wide range of casualties, including family physicians, cardiologists and oncologists.

Industry watchers say the trend is worrisome. Half of all doctors in the nation operate a private practice. So if a cash crunch forces the death of an independent practice, it robs a community of a vital health care resource.

"A lot of independent practices are starting to see serious financial issues," said Marc Lion, CEO of Lion & Company CPAs, LLC, which advises independent doctor practices about their finances.

 
<excerpt>

More at link......

doc

Title: Re: Doctors Going Broke
Post by: Eupher on January 23, 2012, 02:05:09 PM

Unintended consequences?

Title: Re: Doctors Going Broke
Post by: JohnnyReb on January 23, 2012, 02:07:22 PM

Everyone thinks they have a "RIGHT" to free medical care...Obie-Won told them so.

Title: Re: Doctors Going Broke
Post by: Gratiot on January 23, 2012, 02:10:11 PM

I've always been a bit bewildered with the inherent inefficiency in having so many doctors running private practices.  

Note, that's not an attack on private business or capitalism, just the inefficiency and overlapping costs which drives up the price of medical care in this business model.