Kentucky Doctor Closing Practice, Cites Obamacare as Reason
A Kentucky M.D. named Stephen Kiteck is shutting down his medical practice and citing Obamacare as the reason.
Dr. Kiteck published an ad in the local paper saying his office will close Dec. 31, 2013 because of Obamacare. He invites his patients to drop by prior to that date to pick their charts.
The notice closes with this message, "Dr. Kiteck wishes to thank all his patients that have visited his office over the past 20 years, and apologizes for this inconvenience."
Dr. Kiteck's office confirmed that he is indeed closing his practice and that he did publish the notice in the paper. Asked if he would agree to an interview, his receptionist indicated that he'd received many calls from the media but was not prepared to make any additional statement at this time.
There have been surveys which suggested a significant number of doctors might quit or retire early as a result of the new health law. A 2013 Deloitte Survey of U.S. Physicians found that 62 percent of doctors expected some of their colleagues to retire early.
Dr. Kiteck is a 64 year old board certified family physician with a good rating for patient satisfaction on healthgrades.com.
Update: Buzzfeed got through to Dr. Kiteck and he cites a specific reason for retiring, a requirement to use electronic medical records in his practice. That requirement was not part of Obamacare but was included in the stimulus act. Physicians must move to electronic records by 2015 and because of the way use is reported, that means mid-2014 is the deadline for a working system. Those who fail to meet the deadline are charged a fine of 1% (deducted from their reimbursements).