Medical schools provide safety nets. The safety net idea is to “catch” patients that fall through the system that catches and cares for the insured. Those that slip through are uninsured or have insurance that is insufficient to give them a foothold in the world of for profit hospitals and Read More
Category: Physician Finance
This follow-on from my previous blog is for those who want the nitty gritty. The committee (called the RUC for Relative Value Update Committee) I referred to has been active since the early 1990s. It meets several times a year, is run by the AMA and is constituted by physicians Read More
What? Doctors get paid? Of course they do. Medicine is a profession but it’s also a job. We must support our families just like everyone. Before insurance companies and Medicare/Medicaid, patients were personally responsible for their medical debts and physicians determined their charges. By the time Medicare/Medicaid came along in Read More
