Home | Business News | Browse by Publication | M | Mississippi Business Journal

Tight economy adding to stressors squeezing physicians in state.

Publication: Mississippi Business Journal
Publication Date: 27-OCT-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Tight economy adding to stressors squeezing physicians in state.(Healthcare Mississippi)

Article Excerpt
Practicing medicine in less than ideal economic times is adding another element to a list of stressors that's been growing for some time, state physician leaders say.

"We've been in tough times for a long time, and we've had to tighten our belts," says Patrick Barrett, M.D., president of the Mississippi State Medical Association (MSMA). "We haven't been practicing in the capitalistic system for a while."

[ILLUSTRATION OMITTED]

He and Randy Easterling, M.D., president elect of MSMA, cite the frozen formulas of reimbursements for Medicare and Medicaid programs among the chief reasons practitioners have been feeling an economic squeeze for more than 10 years. There's been no increase in the percentage of reimbursements for seven years. That was coupled with a fight to keep reimbursements from being cut by 2 1/2%; something Easterling says came dangerously close to happening.

"The federal government has a crazy formula. Medicare has been devastating for years; it...

Access Full Article, Compliments of Goliath

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Mississippi Business Journal
Cosmetic-corrective surgery centers., October 27, 2008
Magee General Hospital implements electronic health records: smaller, ..., October 27, 2008
Rural healthcare challenges abound in communities around state.(Health..., October 27, 2008
Troubling issues adding up for independent pharmacists in state.(Healt..., October 27, 2008
You'll hardly even feel it: make the flu shot investment this fall.(He..., October 27, 2008

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.