AMA Warning: Healthcare Mergers Good for Insurers, Bad for Patients & Physicians

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AMA Warning: Healthcare Mergers Good for Insurers, Bad for Patients & Physicians

Already, 7 in 10 cities experience a “significant absence” of competition and 46 states have 2 insurers with at least a 50% share of the market. The American Medical Association (AMA) recently released a 12-page analysis, warning that the proposed Anthem-Cigna and Aetna-Humana mergers would lead to an “unprecedented lack of competition” in the market.

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Optimism Building With Looming ICD-10 Transition?

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Optimism Building With Looming ICD-10 Transition?

Anxiety is culminating as the October 1st deadline for ICD-10 is rapidly approaching. According to a survey administered by Porter Research (commissioned by Navicure) in August, 85% of respondents believe they will be ready for the implementation of ICD-10, but 57% also claim they are not on track for it as of right now.

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Doctors in Wyoming Advocate the Direct Primary Care Model

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Doctors in Wyoming Advocate the Direct Primary Care Model

Doctors at the Wyoming Legislature’s Joint Labor, Health and Social Services Interim Committee meeting, testified as advocates for the direct primary care model in making family practices more viable for doctors and more accessible to patients. Doctors Mike Tracy and Bob Chandler, both of 307Health, and medical student Galen Mills told them about the new model and why it is as a viable means of increasing accessibility and reducing costs.

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With ICD-10 Confidence still Low, Some Doctors are Thinking Retirement

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With ICD-10 Confidence still Low, Some Doctors are Thinking Retirement

According to a recently conducted survey from the Texas Medical Association (TMA) of 936 respondents, ICD-10 preparation levels is currently quite dismal. If ICD-10 proves to be as financially disastrous as anticipated, physicians will be driven to retire earlier. Approximately 46% of physicians aged 61 or older are more likely to retire early in response to claims being denied due to ICD-10. While 34% of physicians aged 40 and younger are more likely to terminate or renegotiate plan contracts following ICD-10.

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