The “Big Squeeze” of acceleration of costs and deceleration of reimbursements is magnified in health professional shortage areas mostly found in rural, semi-rural and small-town communities throughout the U.S.
As insurance reimbursement rates continue to decline, doctors are facing increasing pressure to see more patients and spend less time with each one. This can make it difficult for them to provide comprehensive care and build strong relationships with their patients.
Physicians must deal with a growing amount of paperwork and administrative tasks, such as EHR documentation, prior authorization requirements and handling insurance claims. This burden can be overwhelming and time-consuming, taking away from the time that physicians could be spending with their patients.
Large healthcare organizations and hospitals have more resources and can negotiate better reimbursement rates with insurance companies. This can make it difficult for independent physicians to compete and maintain financial viability.
Many independent physicians also struggle with recruiting and retaining qualified staff, such as nurses and front office staff, due to the limited resources and benefits they can offer compared to larger healthcare organizations.
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