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Medical EconomyThe Physician's Economic Situation:What was once considered the most highly paid profession, today it's a losing battle because time and money are scarce. Physician's today are faced with the unsettling truth that each year reimbursement rates are decreasing and overhead is increasing year after year. The result is that physicians are often faced with the need to sacrifice quality time with patients in order to increase volume and cash flow. The profession is losing the economic battle and the patient could be the one who suffers the most. We are currently at a turning point in the medical industry. Over the next few decades, the healthcare industry or "sickness" industry's growth will give way to the rise of the wellness industry, as the science of wellness becomes more established and prevention takes center stage. The Physicians Wellness Products Science Based Nutrition Practice, has been designed to assist healthcare providers take advantage of this paradigm shift through a simple, seamless, professional and educational program! Physicians Today Face:
The Worst Business in America - Inc. Magazine, December 2003, by Noel Weyrich - "Suppose you couldn't raise prices, you couldn't control expenses, and you were morally obligated to meet the needs of customers who are eager to sue if anything goes wrong. Suppose you were a group of doctors trying to birth babies in the 21st century." Medicare Trustees: Gloomy Forecast for Physician Reimbursement Rates - amednews.com, April 11, 2005, by David Glendinning - "The new Medicare trustees report projects cumulative physician payment cuts of approximately 26% beginning in January 2006 and continuing through 2011, while at the same time the costs of running a practice and caring for patients ill go up 15%, " said AMA President-elect J. Edward Hill, MD. "These cuts present a serious threat to patient access care."
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