Physicians Offer Discounts, Network With Other Providers Following Uninsured Patient Growth

Physicians are offering new payment options, networking with other physicians to boost referrals and accepting more Medicaid and uninsured patients as the uninsured population grows to top 50 million, according to an American Medical News report.

Advertisement

The uninsured population reached 50.7 million in 2009, the largest number since 1987, according to the report. A decline in employer-sponsored coverage due to the recession drove a 9.4 increase in uninsured patients from 2008-2009. Medicaid enrollment also increased in that time, growing by 12 percent to reach 47.8 million people. The percentage of Americans living in poverty also increased from 13.2 percent to 14.3 percent, the highest rate since 1994.

According to the report, physicians are responding to the growing numbers with different strategies. Some physicians are accepting more uninsured patients as more of their patients lose insurance coverage. Others are using physician networking events to increase their referrals, following the decline in patients seeking routine exams.

Some physicians have chosen to offer rates and discounts to encourage patients to seek medical care. By offering free health screenings and office visits at a flat rate, the private practices can stay competitive with other providers and grow patient volume.

Read the American Medical News report on uninsured patients.

Read more on financial news:

-Massachusetts’ Morton Hospital and Medical Center Stops Defined-Benefit Pension Plans for Non-Union Workers

Hospitals Show Quality Gains in Joint Commission Report

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Integration & Physician Issues

Advertisement

Comments are closed.