In the News
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Medical Economics reports that unsatisfied physicians are two to three times as likely to leave clinical practice. And doctors today are deeply unsatisfied, with the Physicians Foundation's 2016 Biennial Physician Survey showing that 49% of doctors today are “always or often” burned out, with nearly that same percentage planning to ”cut-back on hours, retire, take a non-clinical job, switch to concierge medicine or take other steps limiting patient access to their practices.”
For reimbursement changes among the four top healthcare industry changes to watch for in 2017 according to Managed Healthcare Executive, Louis J. Goodman, PhD, CAE, board member of The Physicians Foundation and executive vice president and CEO of the Texas Medical Association, does not expect many significant changes in physician payment in the first quarter of 2017.
The Physicians Foundation's 2016 Biennial Physician Survey found that physicians spend 21 percent of their time, or 168,000 full-time-equivalent hours, on nonclinical paperwork and 49 percent of physician respondents always or often feel burned out. Despite these downsides due to increased data, more data allows for storytelling, reports Cardiovascular Business.
HealthPayer Intelligence reports that dozens of healthcare organizations sent a letter to the new administration showing support of alternative payment models. The process toward changing payment structures in the healthcare field has come with bipartisan support over the last two decades including the most recent passage of the Medicare Access and CHIP Reauthorization Act (MACRA), the letter states. Of the participants in The Physician's Foundation's 2016 Biennial Physician Survey, more than 55 percent stated that they were “very or somewhat unfamiliar” with MACRA requirements.