Tuesday, April 2, 2013

Is Atlas Shrugging? Docs look to retire in face of ObamaCare

Most physicians have a pessimistic outlook on the future of medicine, citing eroding autonomy and falling income, a survey of more than 600 doctors from Deloitte Center for Health Solutions found.  

  • Six in 10 physicians (62%) said it is likely many of their colleagues will retire earlier than planned in the next 1 to 3 years.
  • Four in 10 doctors reported their take-home pay decreased from 2011 to 2012, and more than half said the pay cut was 10% or less.
  • Among physicians reporting a pay cut, four in 10 blame the [ACA], and 48% of all doctors believed their income would drop again in 2012 as a result of the health reform law."