MCCOMB, Miss. (AP) — Southwest Mississippi Regional Medical Center is ending employment contracts with five doctors.
Southwest Health System CEO Norman Price said the Affordable Care Act plus changes in reimbursements from the government and insurance providers prompted the cost-saving move.
Price told The Enterprise-Journal (http://bit.ly/1chx4um ) that it's a simple matter of economics.
For instance, he says the average colonoscopy price is $3,200. Medicare reimbursement for the procedure is $649.
All five doctors, he says, will retain physician privileges at Southwest.
Price says the fact that Mississippi opted not to expand Medicaid rolls hasn't been quantified, but he said it also figured into the hospital's decision on cuts.
Information from: Enterprise-Journal, http://www.enterprise-journal.com