Monday, April 29, 2013

Behold the future of health care

While Medicaid "patients" rack up the "free" healthcare, those actually charged with delivering that care are left holding the proverbial bag:

"As many doctors struggle to keep their practices financially sound, some are buckling under money woes and being pushed into bankruptcy ... Chapter 11 bankruptcy filings by physician practices have spiked recently"

There are, of course, multiple reasons - lower insurance reimbursements, prohibitively high compliance and regulatory costs and an anemic economy. And, of course, the increasing costs of ObamaTax-required EHR compliance and the like.

The bottom line, though, is that demand is going up while supply seems to be shrinking. Care to guess where that ends up?
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