You were warned it was coming!!! This from Big Government [Yes Lefties, the Breitbart blog]
Read more @ Doctors Brace for Heavy Medicare Cuts
With the irresolution on Capital Hill and increasing likelihood of going over the fiscal cliff, doctors should prepare not only for the implementation of Obamacare and associated taxes and paperwork but also for substantial Medicare cuts.
Quoting a doctor requesting anonymity,
...one other thing about the fiscal cliff that I just learned is that effective January 1st Medicare will pay doctors 27% less. They usually pass some sort of a "doctor fix" law because people don't want that (doctors would turn away Medicare patients and angry seniors would storm the capitol). But that duty will likely fall to the new congress to pass yet another temporary doctor fix. And if they don't fix it then insurance companies will also happily follow suit and cut their payments to doctors by 27%. Also the Obamacare trend of paying bad hospitals less and good hospitals more will begin on January 1st as well, but that's unavoidable at this point.
Read more @ Doctors Brace for Heavy Medicare Cuts