December 22, 2016
If there are any certainties in the shifting sands of today’s healthcare, it’s the fact that time is more precious than ever for physicians. Nowhere is this more apparent than the practice of cardiology.
Once a highly compensated medical specialty, cardiology is now facing the same wave of cuts to reimbursements for visits, procedures, and consults that primary- care physicians have faced. The resulting strain on cardiologists’ practices is expected to only get worse as they experience the impact of bundled payments by Medicare and private insurers. Many cardiologists are handling this like their colleagues in primary care have —increasing the volume of patients they see and expanding their use of mid-level providers. Unfortunately, high patient volume means shorter appointments and more separation between physicians and patients — something that neither party wants.