Becker's Healthcare January 15, 2025
Concerns among physicians about the future of healthcare have intensified in the last several years as payers continue to cut reimbursements.
“To put it bluntly, Medicare plans to pay us less while costs go up,” American Medical Association President Bruce Scott, MD, said in a statement. “You don’t have to be an economist to know that is an unsustainable trend, though one that has been going on for decades. For physician practices operating on small margins already, this means it is harder to acquire new equipment, harder to retain staff, harder to take on new Medicare patients, and harder to keep the doors open, particularly in rural and underserved areas.”
Here are 13 numbers highlighting the continued decline of...