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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: Len who wrote (8827)	3/23/2000 9:06:00 AM
From: Dr. David Gleitman	Read Replies (2) \| Respond to of 35685

Good Morning Len: In my dealings with other physicians, I can only think of one ( a plastic surgeon, who only takes cash up front (a former dentist), but allocates his time for free for burn victims and others in need ) who if not affected by mangled care. Everybody else is looking for an exit strategy. Many are retiring early,, others are begining to refuse to see new patients, others are putting off managed care patient appointments, and others are refusing to perform surgery, or delaying it (risk/benefit ratio). Right now it's all a mater of supply and demand. My surgical fees have been cut by as much as 80% when comparing an indemnity plan to an HMO type plan. When doctors finally wise up and come to their breaking point and refuse to participate, the tide will be turned to a more equitable relationship. This is my exit strategy. I can now begin to have more freedom to decide how I want to run my practice. Now all I have to do is to act upon it. I would like to see a year of continued cc revenues that would act as a psychological reenforcer. I still have 3 children ages 9,4, and 2 to consider, but then again, I havn't taken a paycheck from my office in 3 years. Investments have paid my bills. So there is no love lost here. David