UBM Medica's Physicians Practice Reports on Continued Decline in Payment to Doctors

NORWALK, Conn., Jan. 6, 2012 /PRNewswire/ -- UBM Medica's Physicians Practice today announced the results of the 2011 Fee Schedule Survey. Topline results of the survey show a continuing decline in payment to doctors from insurance companies and Medicare that has been underway for at least a decade.

The exclusive data from Physicians Practice is intended to help physicians understand how well they're being reimbursed compared with their colleagues. Highlights from the survey include:

• Average commercial payer reimbursements for new and established office visits dropped 2.86 percent from 2010
• Medicare paid more than commercial payers for all office visits expect for a few shorter visits
• Investing in proving that your practice provides low-cost, quality care is key as commercial payers implement new reimbursement models

"The survey results confirm that for most physicians, in most specialties and in most places, reimbursement continues to decline or remain flat," explained Bob Keaveney, editorial director of Physicians Practice, which has been publishing the survey – the only one of its kind – since 2002.

"America's healthcare costs are growing because there are more patients receiving more services, and more of these services are complex—unsurprising in an aging society—and not because providers are raising their prices. They're not."

An extensive overview of the survey results is currently available on Physicians Practice.

About UBM Medica

Addressing today's healthcare information needs, UBM Medica, a division of UBM plc (UBM.L), delivers strategic, integrated communications solutions and comprehensive reach—online, in print, live, and via custom programs. Improving the effectiveness of healthcare through information and education, UBM Medica provides unbiased clinical, practical, and business information for physicians, providers, payers, and patients around the world. Through journals, magazines, websites, drug databases, data services, live events, and other valuable resources, UBM Medica also delivers comprehensive communication solutions for the pharmaceutical and related industries. US websites include PsychiatricTimes.com, CancerNetwork.com, DiagnosticImaging.com, ConsultantLive.com, OBGYN.net, PhysiciansPractice.com and SearchMedica.com.  Employing more than 1,400 people with offices in 29 countries, UBM Medica is headquartered in London.  For more information, visit http://www.ubmmedica.com/.

SOURCE UBM Medica

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