Monday, October 26, 2009

Recession Causing Physician Practices to Lose Money

According to an article published by the American Medical News, practices are losing financial ground as the recession outpaces productivity. Doctors say there aren't enough hours in the day, or patient demand, to reverse the trend.

Overall, physicians took a hit to their income last year because they are collecting less, practice revenues are dropping, and operating costs are increasing.

Read the full article here:

http://www.ama-assn.org/amednews/2009/10/26/bil21026.htm

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