In fact, the sweeping Medicare Access and CHIP Reauthorization Act, known as MACRA, was known to only 20 percent of physicians surveyed.
, Managing Editor
Physician morale is low, which is leading them to be less prepared for healthcare reforms like MACRA and value-based reimbursement, according to a new survey from The Physician’s Foundation and Merritt Hawkins. In fact, the pressures of the job has 48 percent of physicians planning to retire, cut back on patients or hours, or seek non-clinical, administrative roles.
The survey of more than 17,000 physicians found 54 percent of doctors have “very negative” morale and 63 percent have a pessimistic view the medical profession’s future. Also, 49 percent said they frequently feel burnt out, and 80 percent said they are overextended or at capacity, which means they can’t take new patients. Almost half said their time with patients is always or frequently limited.
The major reasons behind all that negativity are regulatory and paperwork burden and “loss of clinical autonomy,” the survey found. Respondents said they spend 21 percent of their time on non-clinical paperwork, and 14 percent said they have the necessary time to “provide the highest standards of care.”