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Originally Posted by CoachKandSportsguy
Brian's calculation is why a retirement community/mostly Medicare patients, is a money losing proposition for most physicians, see some of my other financial medical posts. Throughout the USA, there is a mixture of private pay, employed people and families, as the larger portion of a hospitals' patients and reimbursements, and to become profitable, there is a limit of the size of the Medicare visits which one can take in before becoming unprofitable.
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Quote:
Originally Posted by Caymus
Some practices limit the number of Medicare patients.
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Attached is Blue Cross Blue Shield of MA, information on the cost for various doctor visits.
Apparently the reimbursement rate for typical doctor visits in a non-medicare environment, is about the same.
Just as an aside to the issue. I regularly played golf with the Lakes Region Hospital's head surgeon (Lakes Region Hospital went bankrupt, a few years ago and blew about $150M.
Creditors Wrangle Over Bankrupt Laconia Healthcare Company’s Assets | New Hampshire Public Radio).
He was there for about 5 years. He left and went to do a Fellowship as a Plastic Surgeon. He told me he was never again going to treat a patient who relied on an Insurance company to pay. He's only going to do "private pay" work.