Becker's Healthcare September 22, 2022
Physicians are bracing for an 8.42 percent drop in CMS payment rates in 2023 and many medical groups are considering limiting the number of new Medicare patients or reducing charity care as a result, according to the Medical Group Management Association.
The proposed cuts are projected to significantly disrupt access to care, practice operations and investment throughout the healthcare industry. If implemented, here are the top five practice trends that will occur, according to MGMA:
1. Reducing or eliminating the number of Medicare beneficiaries served.
2. Projected delays in scheduling care, resulting in up to six months’ wait for visits.
3....