Forbes July 19, 2024
Well, there are a lot of reasons why doctors are struggling financially in private practice and why many health systems can’t generate sufficient margins. I hope my little hook/title at least gets you interested in moving forward with this didactic lesson.
I’ve written a good bit about optimizing medical groups to empower clinicians to deliver (what they define as) high quality care, to improve patient access, to manage IT systems and utilize data analytics to improve care. After my latest tome about CMS’s 2025 proposed rule (CMS’s 2025 Proposed Rule Is Out: More Cuts? Why Not!, July 2024) which, among other things, contemplates further cuts to clinicians via a reduction in the conversion factor (CF), I decided to examine actual...
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