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ACP Wants Steep Primary-Care Bonus from Medicare
Staff Reporters
American College of Physicians [ACP] President Jeffrey Harris recently sent a letter to HHS nominee Tom Daschle asking that the Obama administration’s economic stimulus package include a 10 percent pay bonus for all services provided by primary care docs under Medicare for a period of 18 months.
Targeting Primary Care
According to the Wall Street Journal, December 18, 2008, the letter requests that primary care medical practices, especially small ones, get a piece of the funding pie for health information technology; Obama has pledged to spend billions of dollars on that endeavor.
Bonus for Grass-Roots Doctors
The 18 months when the bonus would be in effect would stabilize funding for primary care practices, especially smaller ones, which are an essential part of the safety net that people rely on for their care, especially in tough economic times. Primary care physicians who own small practices are struggling to survive because of inadequate access to credit, losses in their own investments, slower collections and more “bad-debt” and uncompensated care as their patients are unable to pay their bills and the numbers of uninsured increase.
Assessment
Without funding to stabilize primary care practices, the letter said, many will go under and have to close.
Conclusion
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Filed under: "Doctors Only", Healthcare Finance, Practice Management | Tagged: ACP, DHHS, medicare, Tom Daschle |
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