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Article: Alaska Doctors Flee Medicare Program.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- December 15, 2002
CopyrightCOPYRIGHT 2002 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Regan Foster, Alaska Journal of Commerce, Anchorage Knight Ridder/Tribune Business News
Dec. 15--Health care providers affiliated with Medicare will take an estimated 4.4 percent reimbursement cut under a rule that is expected to go into effect in February.
The cut is the second of four projected decreases in compensation, and physicians are opting out of the program, said Dr. Bruce Kiessling, a partner with Primary Care Associates in Anchorage.
"It's not a trend, it's a tsunami," he said. "No one is taking new Medicare patients with the exception of the residency program and community health care."
Kiessling estimated that 40 ...