My family physician, who was only 56, closed his practice this year because of the cost to computerize his office and the reduce reimbursement cost. I am afraid we are going to see a lot of this. It will be hard to get students to go into medicine when student loans cost will be above 6 figures and income will be significantly less.
A couple years ago, we closed our practice of 16 fulltime docs and retired several years early because of nobamacare looming. We haven’t looked back. Retired and loving every second.