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Medicare backlash: A primary care doctor lays out his costs, March 5, 2010
With a 21% cut in Medicare payments slated to take effect later this month, physicians who say they are making an OK living may be reduced to income levels that no longer make their profession viable. That's especially true for those still paying medical school costs and other training, reports. This article examines the situation of one doctor who says that unless Congress acts to adjust Medicare payments without considering the impact of rising healthcare costs, he could be forced into bankruptcy or shut his practice.