The Straw That Broke Healthcare Workers’ Backs
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The great healthcare resignation was caused by a perfect storm that has been gaining strength for decades. Health Maintenance Organizations began to achieve substantial penetration in the 1980s, resulting in decreased reimbursement to doctors and hospitals. By the late 1990s, most physician practices had removed all fat. In time, a large percentage of doctor-owned practices were bought by corporations, as cost of staff to communicate with and challenge insurance companies for the declined payment…
