• Revenue Cycle Management
  • COVID-19
  • Reimbursement
  • Diabetes Awareness Month
  • Risk Management
  • Patient Retention
  • Staffing
  • Medical Economics® 100th Anniversary
  • Coding and documentation
  • Business of Endocrinology
  • Telehealth
  • Physicians Financial News
  • Cybersecurity
  • Cardiovascular Clinical Consult
  • Locum Tenens, brought to you by LocumLife®
  • Weight Management
  • Business of Women's Health
  • Practice Efficiency
  • Finance and Wealth
  • EHRs
  • Remote Patient Monitoring
  • Sponsored Webinars
  • Medical Technology
  • Billing and collections
  • Acute Pain Management
  • Exclusive Content
  • Value-based Care
  • Business of Pediatrics
  • Concierge Medicine 2.0 by Castle Connolly Private Health Partners
  • Practice Growth
  • Concierge Medicine
  • Business of Cardiology
  • Implementing the Topcon Ocular Telehealth Platform
  • Malpractice
  • Influenza
  • Sexual Health
  • Chronic Conditions
  • Technology
  • Legal and Policy
  • Money
  • Opinion
  • Vaccines
  • Practice Management
  • Patient Relations
  • Careers

Viewpoint: 2012 has been a year of unprecedented change in healthcare

Article

2012 might rank as the biggest year of change in the history of healthcare. A survey of your fellow physicians provides insight on the resilience of the medical profession.

A decade ago, patients were paying just 1% of their healthcare costs. Now, according to a consultant in this month's article titled "ACA adds new layers of complexity to revenue cycle management" on page 47, those costs have mushroomed to 30% in some cases. At the same time, the government is expanding access to care to an estimated 32 million of the 50 million uninsured Americans through the ACA. It will open up new revenue to some practices and hospitals, and it will undoubtedly affect the numbers of patients primary care physicians (PCPs) will see in the future. In some cases, the increases will be dramatic, especially in regions such as the South, home to the largest segment of uninsured Americans (22 million), according to the U.S. Census Bureau.

Despite all the concern about the economic future, one piece of data from this Medical Economics survey underscores why this profession remains so resilient and well-respected. You are most concerned about the welfare of your patients. It's the number one reason you practice medicine, and it's an area you still find the most rewarding. From my perspective, that finding is worth celebrating.

Send your feedback to dverdon@advanstar.com Also engage at http://www.twitter.com/MedEconomics and http://www.facebook.com/MedicalEconomics.

Related Videos
© National Institute for Occupational Safety and Health
© National Institute for Occupational Safety and Health
© National Institute for Occupational Safety and Health
© National Institute for Occupational Safety and Health