Five Things Doctors are Concerned with in 2013

The medical industry is currently going through a lot of changes. In most cases, it’s not a great time to be an independent medical practitioner.  But, medical practitioners can improve the fficiency of their practice by outsourcing their billing.

Following are five things doctors are worrying about in 2013:

1.  Medical professionals losing their autonomy – Doctors are losing theier autonomy because of the increasing regulatory environment that is affecting physicians’ ability to exercise independent medical judgment.

2.  Administrative burdens are increasing – Doctors are spending more time doing paperwork. There’s no way around it, increased regulations means increased paperwork, diminishing quality of care.

3.  Consolidation of Hospitals and Medical Practices – Hospitals have been buying up smaller groups and practices. This increases cost of care and other problems for the remaining solo practices. Solo practices can reduce expenses by outsourcing their billing.

4.  Volume of new patients increasing – About 30 million Americans will have insurance with Obamacare in place. Add the fact that there is a shortage of new physicians entering medicine, and you are going to have a lot of stressed out physicians, struggling even more than before to manage quality of patient care while balancing administrative functions within the office. In this case, outsourcing some burdens like medical billing just makes sense.

5. Affordable Care Act (ACA) – A recent survey stated that 77% of physicians are concerned about the future of medicine once the ACA is fully implemented.

The future is not clear, but there are some clearly identifiable steps that doctors can take to help ease some of the issues above.  At Vitruvian MedPro, a Massachusetts Medical Billing Company, we help medical practices focus on patient care rather than paperwork.  Medical practices can focus on providing better care and grow their patient base by outsorcing their medical billing.