The Natchez medical community is just beginning to feel the despiration that many other towns and cities have been dealing with for years. It is very difficult in these uncertain times to make money in medicine. Several factors contribute to this delimma. First there is the issue of reimbursement for services provided. Every one wants great medical care but noone wants to pay for it . Insurance companies play the waiting game with hosptials and doctors hoping that the paper work will get lost so they (insurance companies)won't have to pay out. Secondly, the federal government medicare and Medicaid reimburse at around 21% on the dollar. Could you imagine your employer paying you 21 cents for every dollar you earn. Finally, hospitals are in the business of taking care of people whether the people have insurance or not. I dont know any other business that is required to work for free.
Posted on April 7 at 7:08 p.m.
The Natchez medical community is just beginning to feel the despiration that many other towns and cities have been dealing with for years. It is very difficult in these uncertain times to make money in medicine. Several factors contribute to this delimma. First there is the issue of reimbursement for services provided. Every one wants great medical care but noone wants to pay for it . Insurance companies play the waiting game with hosptials and doctors hoping that the paper work will get lost so they (insurance companies)won't have to pay out. Secondly, the federal government medicare and Medicaid reimburse at around 21% on the dollar. Could you imagine your employer paying you 21 cents for every dollar you earn. Finally, hospitals are in the business of taking care of people whether the people have insurance or not. I dont know any other business that is required to work for free.
On Regional is taxpayers' hospital