Physicians Under Pressure – Inadequate Earnings

Rich DoctorI am cynically amused by what turned up when I clicked on one of those teaser pictures on Facebook – one that said “Physicians Under Pressure.”

Poor physicians. They are mandated to use electronic medical records, comply with meaningful use, cope with the new ICD – 10 coding system, see crazy patients who are impossible to diagnose and sometimes even more impossible to deal with . . . . . . and so on.

But physician “social learning and collaboration platform” QuantiaMD, and “cloud based Healthcare IT Solutions” company CareCloud are sorry for doctors because the third edition of the “Practice Profitability Index” survey suggests that 35% are expecting flat profits; 31% expect negative trend.

But they’re fighting back. 40% are targeting billing and collections for improvement.

So watch your pocket book all you patients out there.

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