Actually I’m in the pharma industry and I can tell you the reasons for this is because the black docs handle more Medicaid because of the neighborhoods they practice in, example Camden NJ vs Cherry Hill or Marlton
My Dr. quit treating Medicaid patients about 15 years ago.
He recently told me that in doing so, he lost 25% of his patients, which would be a death sentence to most private practices.
As it turned out, he says he didn’t lose a single dime by dropping them.